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Ryker Manufacturing is evaluating investing in a new metal stamping machine costing $27,464. Ryker estimates that it will realize $8,000 in annual cash inflows for
Ryker Manufacturing is evaluating investing in a new metal stamping machine costing $27,464. Ryker estimates that it will realize $8,000 in annual cash inflows for each year of the machine's 5-year useful life. The internal rate of return (IRR) for the machine is approximately: (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) O A 8%. OB. 12% O C. 10% OD. 14%
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