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A company is considering Investing in a new machine that requires an Initial Investment of $51,849. The machine will generate annual net cash flows

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A company is considering Investing in a new machine that requires an Initial Investment of $51,849. The machine will generate annual net cash flows of $20,483 for the next three years. What is the Internal rate of return of this machine? (PV of $1. FV of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment 51.040 Annual Net Cash Flow Present Value Factor 20,403- 2.5313 Find this factor on the appropriate table to estimate the Internal Rate of Return Periods (p) Internal Rate of Return

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