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7. Your company is considering the purchase of a machine for $1,000,000 The company expects the machine to produce a new product that would result

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7. Your company is considering the purchase of a machine for $1,000,000 The company expects the machine to produce a new product that would result in estimated net profits of $150.000 at the end of each year for 15 years. Also at the end of 15 years, the machine could be sold for its scrap value of $50,000. Find the yield rate(s) for the company. The yield rate is also referred to as the internal rate of return (IRR). Our company is considering the purchase of a machine for $1.000, pany expects the machine to produce a new product that would re ated net profits of $150,000 at the end of each year for 15 years, d of 15 years, the machine could be sold for its scrap value of 850, yield rate(s) for the company. The yield rate is also referred to as Fate of return (IRR)

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