Business, 27.08.2019 01:30 Rogeartest4
King’s department store is contemplating the purchase of a new machine at a cost of $31,144. the machine will provide $4,000 per year in cash flow for fourteen years. king’s has a cost of capital of 11 percent. use appendix d for an approximate answer but calculate your final answer using the financial calculator method. a. what is the internal rate of return? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. should the project be undertaken? yes no
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King’s department store is contemplating the purchase of a new machine at a cost of $31,144. the mac...
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