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Caspian Sea Drinks is considering buying the J - Mix 2 0 0 0 . It will allow them to make and sell more product.

Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.98 million and create incremental cash flows of $598,493.00 each year for the next five years. The cost of capital is 8.56%. What is the internal rate of return for the J-Mix 2000?

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