Question: Should Pan American buy the machine? Select one: a. No. IRR is higher than the cost of capital. b. Yes. NPV is positive and IRR

Should Pan American buy the machine? Select one: a. No. IRR is higher than the cost of capital. b. Yes. NPV is positive and IRR exceeds cost of capital. C. Yes. NPV is positive and IRR is less than cost of capital. d. No. NPV does not provide enough information
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