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Glassworks Inc. is considering the purchase of a special blow - molding machine that would cost $82,182 and would have a useful life of 8
Glassworks Inc. is considering the purchase of a special blow - molding machine that would cost $82,182 and would have a useful life of 8 years. The machine would generate $14,300 of net annual cash inflows per year for each of the 8 years of its life. The internal rate of return on the machine would be closest to: (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) A. 12%. B. 8%. C. 10%. D. 6%. Data table Data table
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