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been made Calculate the internal rate of return for the machinery. Use Excel to compute your answers. Round answers to the nearest whole percentage (ex:
been made Calculate the internal rate of return for the machinery. Use Excel to compute your answers. Round answers to the nearest whole percentage (ex: 0.1854=19% ) 1/ Should White Mountain purchase the machinery? ONo, since the hurdle rate exceeds the internal rate of return. Yes, since the internal rate of return exceeds the hurdle rate
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