Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.70 million and
Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.70 million and create incremental cash flows of $475,274.00 each year for the next five years. The cost of capital is 9.71%. What is the internal rate of return for the J-Mix 2000?
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Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
