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Required information [The following information applies to the questions displayed below.] A company is considering investing in a new machine that requires a cash payment
Required information
[The following information applies to the questions displayed below.] A company is considering investing in a new machine that requires a cash payment of $59,949 today. The machine will generate annual cash flows of $26,256 for the next three years.
What is the internal rate of return if the company buys this machine? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, J. Desmond Keefe III
9th Edition
0471783471, 978-0471783473
