kamarihemingway1797 kamarihemingway1797
  • 27-05-2023
  • Business
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A company is considering acquiring new machinery whose initial investment is $ 1,950,000 and is expected to generate an after-tax cash flow of $ 450,000 per year in the next 6 years. The required rate of return is 9%. Calculate the internal rate of return (IRR) of the project.

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