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Keltner Enterprises Is Considering Investing in a New Packing Machine

question 35

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Keltner Enterprises is considering investing in a new packing machine.The new machine will provide annual cash operating inflows of $12,300 for 5 years.The cost of the machine is $50,430.The machine currently being used is 3 years old and could be sold for $1,320.What is the machine's internal rate of return? Keltner Enterprises is considering investing in a new packing machine.The new machine will provide annual cash operating inflows of $12,300 for 5 years.The cost of the machine is $50,430.The machine currently being used is 3 years old and could be sold for $1,320.What is the machine's internal rate of return?   A) 6% B) 8% C) 10% D) 12%


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