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Consolidated Aluminum is considering the purchase of a new machine that will cost $306,191 and provide the following cash flows over the next five years:
Consolidated Aluminum is considering the purchase of a new machine that will cost $306,191 and provide the following cash flows over the next five years: $84,000, $90,000, $75,000, $76,000, and $76,000. Calculate the IRR for this piece of equipment using the IRR spreadsheet function.
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