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A company is considering investing in a new machine that requires an initial investment of $49,947. The machine will generate annual net cash flows
A company is considering investing in a new machine that requires an initial investment of $49,947. The machine will generate annual net cash flows of $20,084 for the next three years. What is the internal rate of return of this machine? (PV of $1. EV of $1. PVA of $1, and EVA of $1) Note: Use appropriate factor(s) from the tables provided. Initial investment Internal Rate of Return Annual Net Cash Flow Present Value Factor
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