Question: Jennifer It means that if our required return ( 1 1 . 9 % ) is less than the IRR, we should invest in the

Jennifer
It means that if our required return (11.9%)
is less than the IRR, we should invest in
the new machine.
What is your recommendation?
Do not purchase the new machine. The
required return is greater than the IRR.
Purchase the new machine. The required
return is less than the IRR.
Submit
 Jennifer It means that if our required return (11.9%) is less

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