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A company is considering Investing in a new machine that requires an Initlal Investment of $ 5 9 , 9 4 9 . The machine

A company is considering Investing in a new machine that requires an Initlal Investment of $59,949. The machine will generate annual net cash flows of $26,256 for the next three years. What is the Internal rate of return of this machine? (PV of $1, FV of $1; PVA of $1. and FVA of $1)(Use approprlate factor(s) from the tables provided.)
\table[[Initial investment,0,Annual Net Cash Flow,= Present Value Factor],[,,,],[,,,],[,,,],[,,,],[Internal Rate of Return,,,]]
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