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Soda Manufacturing Company provides vending machines for soft drink manufacturers. The company has been investigating a new piece of machinery for its production department. The
Soda Manufacturing Company provides vending machines for soft drink manufacturers. The company has been investigating a new piece of machinery for its production department. The old equipment has a remaining life of year and no sales value. The new equipment has a value of $ with a threeyear life. The expected additional cash inflows are $ per year, endofyear payments. What is the internal rate of return?
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