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View Policies Current Attempt in Progress Cullumber Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a

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View Policies Current Attempt in Progress Cullumber Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer aided design and manufacturing machine for $422.000 The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $102,641 for the next 6 years. Management requires a 10% rate of return on all new investments. Click here to view PV table Calculate the internal rate of return on this new machine. (Round answer to decimal places. es. 13%. For calculation purposes, uses decimal places as displayed in the factor table provided) Internal rate of return 96 Should the investment be accepted? The investment be accepted Sove forlater Attempts: 0 of I used Submit Answer SP

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