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SECTION II: 1.) The following information relates to machines A and B. Year Machine A Machine B 0 (100,000) (120,000) 1 60,000 50,000 2 40,000
SECTION II:
1.) The following information relates to machines A and B.
| Year | Machine A | Machine B |
| 0 | (100,000) | (120,000) |
| 1 | 60,000 | 50,000 |
| 2 | 40,000 | 50,000 |
| 3 | 20,000 | 50,000 |
Find the Internal Rate of Return (IRR) of the project at rates 10% and 15%
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