Calculate the internal rate of return on this new machine. Please show answers

Question 12 of 52 - /11 View Policies Current Attempt in Progress Bruno Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $433,000, The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $99,420 for the next 6 years. Management requires a 10% rate of return on all new investments. to view the factor table. he internal rate of return on this new machine. (Round answer to O decimal places, e.g. 13%. For calculation purposes, use 5 laces as displayed in the factor table provided.) Internal rate of return % Should the investment be accepted? The investment be accepted. Save for Later Attempts: 0 of 1 used Submit