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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.77 million and

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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.77 million and create incremental cash flows of $494,401.00 each year for the next five years. The cost of capital is 9.70%. What is the internal rate of retum for the J-Mix 2000? Answer format Percontago Aound to: 2 decimal places (Examplo: 9.24%, \% slgn mquired. Will accept docimal format rounded to 4 docimal places (ex: 0.0924))

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