Question: 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

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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