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Blossom Corporation is involved in the business of injection molding of plastics, it is considering the purchase of a new cotrputer-aided design and manufacturing machine
Blossom Corporation is involved in the business of injection molding of plastics, it is considering the purchase of a new cotrputer-aided design and manufacturing machine for $444,300. The company believes that with this new machine it will improve productivity and increase quality. resulting in an increase in net annal cash flows of $108,065 for the next 6 years. Management requires a 10 rate of return on all new investments. Click here to view the factor table. Calculate the internal rate of return on this new machine, (Round answer to 0decimal places, es 13x. For calculotion purposes, use 5 decimal ploces ar displayed in the foctor table provided) Internal rate of return Should the investment be accepted? The irivestment be accepted
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