What is the irr of project a and b

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Question - Machine A is an initial cost of 75k with an expected lifespan of 5 year and an annual maintenance expense of 20k. Machine B is an initial cost of 125k with an expected life span of 8 years and an annual maintenance cost of 15k. The cost of capital for the firm is 5%. What is the IRR of Project A & B?

Reference no: EM132826552

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