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Question 4 of 4 2/3 View Policies Current Attempt in Progress Kendra Corporation is involved in the business of injection moulding of plastics. It is

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Question 4 of 4 2/3 View Policies Current Attempt in Progress Kendra Corporation is involved in the business of injection moulding of plastics. It is considering the purchase of a new computer sided design and manufacturing machine for $428,300. The company believes that with this new machine it will improve productivity and increase quality, resulting in a $101.600 increase in net annual cash flows for the next five years. Management requires ax 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, CJ 10%. For calculation purposes use decimal places as displayed in the factor table provided, c.3, 1.52124) Internal rate of return Showid management accept the investment? The investment be accepted eTextbook and Media Save to Attempts of used its

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