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The management of bowie corporation is considering the

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The management of Bowie Corporation is considering the purchase of a machine that would cost $400,000 and would have a useful life of 7 years. The machine would have no salvage value. The machine would reduce labor and other operating costs by $86,250 per year. The internal rate of return on the investment in the new machine is closest to.

Reference no: EM13574552

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