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Reece Corporation is considering the purchase of a machine that would cost $15, 141 and would have a useful life of 5 years. The machine

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Reece Corporation is considering the purchase of a machine that would cost $15, 141 and would have a useful life of 5 years. The machine would generate $4,200 of net annual cash inflows per year for each of the 5 years of its life. The internal rate of return on the machine would be closest to: (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) 0 Data Table Present Value of $1 Periods 14% O A. 12% OB. 10% OC. 14% OD. 8% 10% 0.683 0.592 8% 0.735 0.681 0.630 0.583 0.540 0.500 0.463 12% 0.636 0.567 0.507 0.452 0.404 0.361 0.322 0.513 0.519 0.456 0.400 0.351 0.308 0.270 0.424 0.386 10 i Data Table Present Value of Annuity of S1 Periods 8% 4 3 .312 5 3 .993 6 4 .623 5 206 10% 3.170 3.791 4.355 4.868 5.335 5.759 6.145 12% 3.037 3.605 4.111 4.584 4.968 5.328 5.650 14% 2.914 3.433 3.889 4.2BA 4.639 4.946 5.216 9 6.247 6.710 Click to select your

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