Dale buys a machine for his business. The machine costs $150,000. Dale estimates that the machine can

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Dale buys a machine for his business. The machine costs $150,000. Dale estimates that the machine can produce $40,000 cash inflow per year for the next five years. Dale's cost of capital is 12 percent. What is the approximate internal rate of return? Question 1 options: 11.59% 8.95% 10.43% 9.43%

Posted Date: May 18, 2024 10:16 AM

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Dale buys a machine for his business. The machine costs $150,000. Dale estimates that the machine can

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