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Please help! I will thumbs up!! Freedom Company is consldeting the purchase of a machine that would cost $22.712 and would have a useful life
Please help! I will thumbs up!! Freedom Company is consldeting the purchase of a machine that would cost $22.712 and would have a useful life of 5 years. The machine would generate $6,300 of net annual cash inflows per year for each of the 5 years of ins life. The litemal rate of return on the machine would be closest to: Freedom Company is considering the purchase of a machine that would cost $22,712 and would have a useful li inflows per year for each of the 5 years of its life. The internal rate of return on the machine would be closest to: A. 10% B. 12% C. 14% D. 8%
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