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Question 27 of 28 View Policies Current Attempt in Progress Cullumber Corporation is involved in the business of injection molding of plastics. It is considering

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Question 27 of 28 View Policies Current Attempt in Progress Cullumber Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer aided design and manufacturing machine for $434,000. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $102.587 for the next years. Management requires a 10% rate of return on all new investments. Click here to view PV table. Calculate the internal rate of return on this new machine. (Round answer to decimal places, es 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Internal rate of return 96 Should the investment be accepted? The investment be accepted

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