Question: Question 6 (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 6 (1 point) Hershey is considering a purchasing some new

Question 6 (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 $157,452.97 2 $157,452.97 $157,452.97 4 $157,452.97 1 3 16% 13% 24% 21% Question 7 (1 point) Saved

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