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Really need help with this last question please and thank you! Caspian Sea Drinks is considering buying the J-Mix 2000, it will allow them to
Really need help with this last question please and thank you!
Caspian Sea Drinks is considering buying the J-Mix 2000, it will allow them to make and sell more product. The machine cost $1.53 million and create incremental cash flows of $534,995.00 each year for the next five years. The cost of capital is 10.17%. What is the internal rate of return for the J-Mix 2000? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24% % sign required, WI accept decimal format rounded to 4 decimal places (ex: 0.0924)) Step by Step Solution
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