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Business, 21.12.2019 00:31 jadenvictor775

Bailey, inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. the punch has a first cost of $70,000 and a useful life of 15 years. at the end of its useful life, the punch has no salvage value. labor costs would increase $2,500 per year using the gang punch, but raw material costs would decrease $12,500 per year. marr is 5%/year. what is the internal rate of return of this investment?

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