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A company is planning to purchase a new machine. The purchase price of the new machine is $120000 and its annual operating Expenses is $1800.

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A company is planning to purchase a new machine. The purchase price of the new machine is $120000 and its annual operating Expenses is $1800. The machine has a life of 10 years, and it is expected to generate $26000 in revenues in each year of its life. What is the internal rate of return for the machine? None of choices i=0.2050 i=0.1532 i=0.1240 o i=0.0750 i=0.1726

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