Question: Question 15 (1 point) Hershey is considering a purchasing some new equipment that costs $400,000. The discount rate for the machine is 15%. The cash
Question 15 (1 point) Hershey is considering a purchasing some new equipment that costs $400,000. The discount rate for the machine is 15%. The cash flows from Hershey's machine are shown below. What is the IRR? Year Cash Flow 1 $157,452.97 2. $157,452.97 3 $157,452.97 $157,452.97 4 13% 16% 21% 24%
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