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A company is considering investing in a new machine that requires an initial investment of $46,289. The machine will generate annual net cash flows of
A company is considering investing in a new machine that requires an initial investment of $46,289. The machine will generate annual net cash flows of $19,272 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.51) (Use appropriate factor(s) from the tables provided.)
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
