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8 o1 25 Reece Corporation is coneidering the purchsse of a machine thst would cost $24.388 and would have a usefu life of 6 years.
8 o1 25 Reece Corporation is coneidering the purchsse of a machine thst would cost $24.388 and would have a usefu life of 6 years. The machine would generate 35.600 of net annual cash inflows per year for each of the 6 years of its life. Using the information below the internsl rate of return on the machine would be dlocest to which ot the following? Prasent Value of 31 Pariods 0.681 0.621 0.513 0.351 0.500 0.361 0.308 Prozant value cf Annuity ot $1 Pariods 3.312 2.914 .983 3.791 4.946 6.145 010%. 06% O 12% 08%
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