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Crockin Corporation is considering a machine that will save $ 9 , 0 0 0 a year in cash operating costs each year for the
Crockin Corporation is considering a machine that will save $ a year in cash operating costs each year for the next six years. At the end of six years it would have no salvage value. If this machine costs $ now, the machine's internal rate of return is closest to Ignore income taxes.:
Click here to view Exhibit B and Exhibit B to determine the appropriate discount factors using the tables provided.
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