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A company is considering investing in a new machine that requires an initial investment of $47,947. The machine wili generate annual net cash flows of

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A company is considering investing in a new machine that requires an initial investment of $47,947. The machine wili generate annual net cash flows of $21,000 for the next three years. What is the intemal rate of return of this machine? (PV of \$1, EV of \$1, PVA of \$1, and FVA of Si) (Use appropriate factor(s) from the tables provided.)

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