Question: A machine costs (1,000,000 IQD) to purchase and it will provide (250,000 IQD) a year as benefits. The company plans to use the machine

A machine costs (1,000,000 IQD) to purchase and it will provide (250,000

A machine costs (1,000,000 IQD) to purchase and it will provide (250,000 IQD) a year as benefits. The company plans to use the machine for 20 years, then it will sell this machine for (20,000 IQD). The Internal Rate is 12%. Should the company buy this machine?

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