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You purchase machinery for $20,000 that generates after-tax cash flows of $7,500 annually for the next 4 years. The cost of capital (WACC) is 12.59%.

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You purchase machinery for $20,000 that generates after-tax cash flows of $7,500 annually for the next 4 years. The cost of capital (WACC) is 12.59%. What is the IRR for this project? The IRR cannot be determined. 18.5% 13.2% 0 12.6%

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