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Which machine would you recommend, basing your analysis on the net present value rule? 2. What is the appropriate discount rate to use? Explain. 3.

Which machine would you recommend, basing your analysis on the net present value rule? 2. What is the appropriate discount rate to use? Explain. 3. Using the internal rate of return rule, which machine would you recommend? Explain. 4. How do you explain any difference between the IRR and NPV rankings? 5. Which rule is better? Why/why not

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