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Vino Winery is considering the purchase of a state of the arrt bottling machine. The new machine will cost $ 28, 250 and will have
Vino Winery is considering the purchase of a state of the arrt bottling machine. The new machine will cost $ 28, 250 and will have a useful life of 10 years. The new machine will provide net cash savings of $ 5, 000 per year. What is the internal rate of return (IRR) for the new bottling machine?
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