Question
Consolidated Aluminum is considering the purchase of a new machine that will cost $319,911 and provide the following cash flows over the next five
Consolidated Aluminum is considering the purchase of a new machine that will cost $319,911 and provide the following cash flows over the next five years: $62,000, $65,000, $75,000, $77,000, and $77,000. Calculate the IRR for this piece of equipment using the IRR spreadsheet function.
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Financial Accounting Fundamentals
Authors: John Wild
3rd edition
978-0073527048, 0073527041, 978-0077544652
