question archive Blue Corporation recently purchased a new machine for $339,013
Blue Corporation recently purchased a new machine for $339,013
Subject:AccountingPrice:2.86 Bought4
Blue Corporation recently purchased a new machine for $339,013.20 with a ten-year life. The old equipment has a remaining life of ten years and no disposal value at the time of replacement. Net cash flows will be $60,000 per year. What is the internal rate of return?
A.12%
B.16%
C.20%
D.24%
