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Question 4 View Policies Current Attempt in Progress -12 Bruno Corporation is involved in the business of injection molding of plastics. It is considering

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Question 4 View Policies Current Attempt in Progress -12 Bruno 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 $439,000. 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 $103,769 for the next 6 years. Management requires a 10% rate of return on all new investments. Click here to view the factor table. Calculate the internal rate of return on this new machine. (Round answer to O decimal places, e.g. 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Internal rate of return % Should the investment be accepted? The investment Save for Later be accepted. E Attempts: 0 of 7 used L Submit Answer a hp 8 Prev Next >

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