Question: A firm urgently needs a large printer and will either lease a printer at an end-of-year cost of $ 10,000 for a 6 year period,

A firm urgently needs a large printer and will

A firm urgently needs a large printer and will either lease a printer at an end-of-year cost of $ 10,000 for a 6 year period, or they will purchase the printer at an initial cost of $66,117. If purchased, the printer will have a zero salvage value at the end of 6-years life. No other costs are to be considered. MARR is 12%. What is the best investment decision on the basis of the internal rate of return. (6/100) a. Negative IRR is not justified and is not applied here to make a proper decision b. Buy C. IRR could not be calculated due to no change in cashflow sign d. Lease

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