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A company is considering investing in a new machine that requires an initial investment of $61,949. The machine will generate annual net cash flows of $24,911 for the next three years. What is the internal rate of return of this machine? (PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Answer is complete but not entirely correct. Annual Net Cash Flow Present Value Factor S 61,949 24,911 Find this factor on the appropriate table to estimate the Internal Rate of Return Periods (p) 12 Internal Rate of Return. 12 % 2.4868

A company is considering investing in a new machine that requires an initial investment of $61,949. The machine will generate annual net cash flows of $24,911 for the next three years. What is the internal rate of return of this machine? (PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Answer is complete but not entirely correct. Annual Net Cash Flow Present Value Factor S 61,949 24,911 Find this factor on the appropriate table to estimate the Internal Rate of Return Periods (p) 12 Internal Rate of Return. 12 % 2.4868

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A company is considering investing in a new machine that requires an initial investment of $61,949. The machine will generate annual net cash flows of $24,911 for the next three years. What is the internal rate of return of this machine? (PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Answer is complete but not entirely correct. Annual Net Cash Flow Periods (p) Internal Rate of Return Present Value Factor 61,949 24,911 Find this factor on the appropriate table to estimate the Internal Rate of Return 12 12 % 2.4868
Transcribed Image Text:A company is considering investing in a new machine that requires an initial investment of $61,949. The machine will generate annual net cash flows of $24,911 for the next three years. What is the internal rate of return of this machine? (PV of $1. FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Answer is complete but not entirely correct. Annual Net Cash Flow Periods (p) Internal Rate of Return Present Value Factor 61,949 24,911 Find this factor on the appropriate table to estimate the Internal Rate of Return 12 12 % 2.4868
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