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Builtrite is considering the purchase of the following machine using a required return of 14% Initial Investment $55,000 RATFCF Year 1 RATFCF Year 2 $28,000

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Builtrite is considering the purchase of the following machine using a required return of 14% Initial Investment $55,000 RATFCF Year 1 RATFCF Year 2 $28,000 $30,000 $22,000 RATFCF Year 3 What is the internal rate of return? 20.47% 22.35% 0 25.47% 27.35

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