Business, 24.06.2021 17:00, kenaygardel

Calculate the IRR of a machine that is purchased for $5,500, sold at the end of year 4 for $2,500, and produces the following cash flows: o Year 1: $700. o Year 2: $800. o Year 3: $900. o Year 4:$1,000. Group of answer choices 2.21% -0.52% 3.72%

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Calculate the IRR of a machine that is purchased for $5,500, sold at the end of year 4 for $2,500, a...