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A Co. plans to purchase a machine which amounts to $12,950 with an estimated life of 10 years. The machine id expected to generate an

A Co. plans to purchase a machine which amounts to $12,950 with an estimated life of 10 years. The machine id expected to generate an annual cash inflow of $3,000. The cost of capital is estimated at 12%. Should A Co. acquire the equipment?

Internal rate of return

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