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there is no more information on the question... A company is evaluating a capital investment with the following projections: Initial Investment = $115,000 Salvage value

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A company is evaluating a capital investment with the following projections: Initial Investment = $115,000 Salvage value = $15,000 Project life = 10 years Capital budgeting assumptions: Old Machine is fully depreciated Old machine annual operating cost: 40,000 Old machine annual maintenance cost: 10,000 New machine annual operating cost: 20,000 New machine annual maintenance cost: 9,000 Discount rate: 10% Tax rate: 20% What is the project's internal rate of return (IRR)?Answer as a whole number. 5% would be answered as 5

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