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A company is considering investing in a new machine that requires an initial investment of...

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Accounting

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A company is considering investing in a new machine that requires an initial investment of $51,849. The machine will generate annual net cash flows of $20,483 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 FVA of \$1) (Use appropriate factor(s) from the tables provided.)

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