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

Jennifer
It means that if our required return (11.1\%) is less than the IRR, we should invest in the new machine.
What is your recommendation?
Purchase the new machine. The required return is less than the IRR.
Do not purchase the new machine. The required return is greater than the IRR.
Jennifer It means that if our required return ( 1

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