36. A

c. Should the compally 36. Internal Rate of Return Analysis. Heston Farming Company would like to purchase a harvesting Annual maintenance costs will total $28.000mAnnual savings are predicted to be $60.000 . The company's required rate of return is 11 percent (this is the same data as the previous exercise). Required: a. Use trial and error to approximate the internal rate of return for this investment proposal. b. Should the company purchase the harvesting machine? Explain