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Please urgently help me with this question please Digi Corporation is considering replacing a hand operated machine with a brand new fully automated machine. The

Please urgently help me with this question please
Digi Corporation is considering replacing a hand operated machine with a brand new fully automated machine. The company has two types of machine to choose and they are mutually exclusive. The firm's cost of capital is 10%. Below are the expected cash flows generated by both machines?
Machine AA Machine BB
Mesin AA Mesin BB
Initial Investment (RM100,000)(RM100,000)
Year 1 RM15,000 RM35,000
Year 2 RM40,000 RM35,000
Year 3 RM25,000 RM35,000
Year 4 RM60,000 RM35,000
Year 5 RM35,000 RM35,000
Calculate the following:
a) Payback period for both machines
b) Net present value for both machines
c) Internal rate of return for Machine BB
)
d) Which machine should the company choose and why?
e) What are the benefits of capital budgeting?

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