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Business, 09.07.2021 01:00 babyphoraaaaa

A company is considering investing in a new machine that requires a cash payment of $38,198 today. The machine will generate annual cash flows of $15,904 for the next three years. What is the internal rate of return if the company buys this machine?

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A company is considering investing in a new machine that requires a cash payment of $38,198 today. T...
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