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Current Attempt in Progress Marigold Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided

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Current Attempt in Progress Marigold 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 $422,000. 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 $102,641 for the next 6 years, Management requires a 10% rate of return on all new investments. Click here to view PV table. Calculate the internal rate of return on this new machine (Round answer to decimal places, es, 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided) Internal rate of return % Should the investment be accepted? The investment be accepted 1 e Textbook and Media Save for later Attempts: unlimited Submit Answer Prey

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