Question: QUESTION 9 Forte, Inc is considering purchasing a machine that costs $75,000. The machine is expected to generate after-tax cash flows equal to $30,000, $38,000,

QUESTION 9

  1. Forte, Inc is considering purchasing a machine that costs $75,000. The machine is expected to generate after-tax cash flows equal to $30,000, $38,000, and $28,000 during its 3 year life. What is the IRR of this project?

    11%

    12%

    13%

    13.56%

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