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Company Desa requires a new machine. Two companies have submitted bids, and you have been assigned the task of choosing one of the machines. Cash
Company Desa requires a new machine. Two companies have submitted bids, and you have been assigned the task of choosing one of the machines. Cash flow analysis indicates the following: Machine A Machine B Year Cash Flow Cash Flow -$2,000 -$2,000 1 0 835 2 0 835 0 835 3,877 835 0 3 4 Based on the information, find internal rate of return for both companies. If the required rate of return is 20%, which project should be selected. Explain your
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