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Johnson Company is considering purchasing one of two new machines. The following estimates are available for each machine: The company's minimum required rate of return

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Johnson Company is considering purchasing one of two new machines. The following estimates are available for each machine: The company's minimum required rate of return is 9% The company's minimum required rate of return is 9% Compute the net present value. Compute the profitability index. (Round answers to 2 decimal places, eg. 15.25.) Compute the internal rate of return for each machine. Compute the internal rate of return for each machine. Which machine should be purchased

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