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Leven Rehabilitation Center, a training service, is investigating the purchase of a new energy- efficient cold coffee bottling machine that has a projected life of
Leven Rehabilitation Center, a training service, is investigating the purchase of a new energy- efficient cold coffee bottling machine that has a projected life of 15 years. It is estimated that the machine will save $20,000 per year in cash operating costs. 7. What is the machine's internal rate of return if it costs $111,500 new? 8. Is the machine an acceptable investment? Explain. 9. What risks should be included
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