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The management of Charlton Corporation is considering the purchase of a new machine costing $580,000. The machine is expected to have a useful life of

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The management of Charlton Corporation is considering the purchase of a new machine costing $580,000. The machine is expected to have a useful life of 10 years and no residual value, and an annual net cash inflow of S105,000. Determine the project's internal rate of return TI BAI Plus calculator (Round to 2 decimal places). O 12.50% O 13.00% 12.65% O 12.53%

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