A lathe machine can be purchased for 750000 on the basis
A lathe machine can be purchased for $ 750,000. On the basis of estimated production, an annual net income (profit) of 194, 500 is foreseen for the next 15 years. After 15 years, this lathe will probably be worthless. What annual IRR is prospect?
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a lathe machine can be purchased for 750000 on the basis of estimated production an annual net income profit of 194
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