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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 $28,000 RATFCF Year 2

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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 $28,000 RATFCF Year 2 $30,000 RATFCF Year 3 $22,000 What is the internal rate of return? @ 20.47% 22.35% 25.47% 27.35%

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