Plasma Blood Services is deciding whether to purchase a new blood cleaning machine that is expected to

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Plasma Blood Services is deciding whether to purchase a new blood cleaning machine that is expected to generate the following cash flows. What is the machine’s IRR?
Year Cash Flow
0 .......... $(140,000)
1 .......... 60,000
2 .......... 60,000
3 .......... 60,000
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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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