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Check my wet Exercise 13-15 Internal Rate of Return and Net Present Value (LO13-2, LO13-3] Henrie's Drapery Service is investigating the purchase of a new

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Check my wet Exercise 13-15 Internal Rate of Return and Net Present Value (LO13-2, LO13-3] Henrie's Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes. The machine would cost $102,990, including freight and installation. Henrie's estimated the new machine would increase the company's cash inflows, net of expenses, by $30,000 per year. The machine would have a five-year useful life and no salvage value. Click here to view Exhibit 138.1 and Exhibit 138.2. to determine the appropriate discount factors) using table. Required: 1. What is the machine's internal rate of return? (Round your final answer to the nearest whole percentage.) 2. Using a discount rate of 14%, what is the machine's net present value interpret your results 3. Suppose the new machine would increase the company's annual cash inflows, net of expenses, by only $26.475 per year. Under these conditions, what is the internal rate of return? (Round your final answer to the nearest whole percentage.) 1. Internal rate of return 2 Not present value 3 Internal rate of return

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