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Bruno Corporation is involved in the business of injection molding of plastics. It is and...

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Bruno Corporation is involved in the business of injection molding of plastics. It is and manufacturing machine for $443,900. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $ 107,968 for the next 6 years. Management requires a 10% rate of return on all new investments. Click here to view PV table. consid ering the purchase of a new Calculate the internal rate of return on this new machine. (Round answer to O decimal places, eg. 10. For places as displayed in the factor table provided.) internal rate of return Should the investment be accepted? be e Textbook and Media Attompts: 0 of 3 used

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