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Wishlist Recently Purchased a New Packaging Machine for $678,026

Question 17

Multiple Choice

Wishlist recently purchased a new packaging machine for $678,026. The machine has a remaining useful life of 10 years. Net cash flow per year will be $120,000. The internal rate of return is:


A) 16%.
B) 20%.
C) 24%.
D) 12%.

Correct Answer:

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