, 08.11.2019 06:31 ritahastie2896

# Acompany is considering buying a new piece of machinery that costs \$8m and has a salvage value of \$1.5m at the end of its 10-year useful life. the machinery nets \$2.3m per year in annual revenues. marr = 10%. the internal rate of return (irr) on this investment is approximately

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