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Caspian Sea Drinks is considering buying the J-Mix 2000, it will allow them to make and sell more product. The machine cost $1.84 million and
Caspian Sea Drinks is considering buying the J-Mix 2000, it will allow them to make and sell more product. The machine cost $1.84 million and create incremental cash flows of $540,698 00 each year for the next five years. The cost of capital Is 11.88% What is the intemal rate of retum for the J-Mix 20007 Subm Answer format: Percentage Round 0 2 decimal places (Example: 9.24% % sign required. Will accept decimal format rounded to decimal places (ex 0.0924))
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