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Consolidated Aluminum is considering the purchase of a new machine that will cost $299,960 and provide the following cash flows over the next five years:

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Consolidated Aluminum is considering the purchase of a new machine that will cost $299,960 and provide the following cash flows over the next five years: $81,000,$86,000,573,000,$77,000, and $77,000. Calculate the IRR for this plece of equipment using the IRR spreadsheet function

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