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Question 5 of 14 -/1 E View Policies Current Attempt in Progress Kanye Company is evaluating the purchase of a rebuilt spot welding machine to

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Question 5 of 14 -/1 E View Policies Current Attempt in Progress Kanye Company is evaluating the purchase of a rebuilt spot welding machine to be used in the manufacture of a new product. The machine will cost $172,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $34.174. Click here to view PV table. What is its approximate internal rate of return? (Round answer to O decimal place, es. 125) Internal rate of return e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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