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5 pts Question 20 A company can purchase a new machine for $1,000,000. It will generate OCF of $275,000 per year for the next 5

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5 pts Question 20 A company can purchase a new machine for $1,000,000. It will generate OCF of $275,000 per year for the next 5 years. At the end of the 5 years it will be sold for $93,000 and will have book value of $80,000. There are no working capital changes. The corporate tax rate is 25%. What is the IRR of this project? 13.63 O 15.98 13.70 10.45 O 14.50

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