IRR : What initial cost of machine D will make the IRR for the two machines equal?
IRR 1. What is the IRR for a machine with the following details? APR (Nom / y) 9% p y c d Initial cost ($475,000) Salvage value 20% of purchase value First year cost ($106,000) Inflation (all costs) 6.50% p y First year revenue $195,000 Increase in revenue 11% p y Life of machine 5 … Read more