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Hennie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes The machine woulid cost $125,080, including freight an Henne's

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Hennie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes The machine woulid cost $125,080, including freight an Henne's has estimated that the new machine would increase the company's cash inflows, net of expenses, by $40,000 per year The machine would have installation. a five-year useful life and no salvage value Click here to view Exhibit 88-1 and Exhibit 88-2, to determine the appropriate discount factors) using table Required: 1. Compute the machine's intemal rate of return (Round your'IRR' answer to nearest whole percentage.) Factor Number of Years Internal Rate of Re Numerator: hoose Den Factor 2 compute the machines net present value use a discount rate ones 3. Suppose that the new machine would increase the companys annual cash inflows, net of expenses, by only $34,700 per year. Under these conditions, compute the internal rate of return. (Round your 'IRR answer to nearest whole percentage.) Internal Rate of Return Choose Numerator Choose Denominator Factor Number of Years Internal Rate of Retur Factor

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