Bridgeport Corporation is involved in the business of injection moulding of plastics, It is considering the purchase of a new computer aided design and manufacturing machine for $433,800. The company believes that with this new machine it will improve pioductivity and increase quality, resulting in a $108,600 increase in net annual cash flows for the net five years. Manasemept reguires $11% rate of returnon all new investments. Clicklere to view the betor table Calculate the internal rate of return on this new imachine. (Round answer to o decimol ploces es 10 . For calculation purposes, uses decimal places as displayed in the factor table provided, es. 1.52124.) Internal rate of return