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Title: Renfroe Corporation is considering the purchase of a machine th Post by: bernie2981 on Nov 16, 2015 (Present value tables are required.) Renfroe Corporation is considering the purchase of a machine that would cost $22,712 and would have a useful life of 5 years. The machine would generate $6,300 of net annual cash inflows per year for each of the 5 years of its life. The internal rate of return on the machine would be closest to
A) 14%. B) 10%. C) 12%. D) 8%. Title: Re: Renfroe Corporation is considering the purchase of a machine th Post by: nuclei on Nov 16, 2015 Content hidden
Title: Re: Renfroe Corporation is considering the purchase of a machine th Post by: bernie2981 on Dec 1, 2015 You're such a dedicated member, I very much appreciate the help.
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