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Business, 12.04.2021 20:30 xmanavongrove55

OptiLux is considering investing in an automated manufacturing system. The system requires an initial investment of $5.8 million, has a 20-year life, and will have zero salvage value. If the system is implemented, the company will save $760,000 per year in direct labor costs. The company requires a 11% return from its investments. Compute the internal rate of return for the p

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