Blossom Company is evaluating the purchase of a rebuilt spot-welding machine to be used in...
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Blossom Company is evaluating the purchase of a rebuilt spotwelding machine to be used in the manufacture of a new product. The machine will cost $ has an estimated useful life of years and a salvage value of zero, and will increase net annual cash flows by $ Click here to view the factor table. What is its approximate internal rate of return? For calculation purposes, use decimal places as displayed in the factor table provided, eg and final answers to decimal places, eg 
Blossom Company is evaluating the purchase of a rebuilt spotwelding machine to be used in the manufacture of a new product. The
machine will cost $ has an estimated useful life of years and a salvage value of zero, and will increase net annual cash flows
by $
Click here to view the factor table.
What is its approximate internal rate of return? For calculation purposes, use decimal places as displayed in the factor table provided, eg
and final answers to decimal places, eg
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