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Delicate Pieces Inc. is considering the purchase of a special blow - molding machine that would cost $82,182 and would have a useful life of
Delicate Pieces Inc. is considering the purchase of a special blow - molding machine that would cost $82,182 and would have a useful life of 8 years. The machine would generate $14,300 of net annual cash inflows per year for each of the 8 years of its life. The internal rate of return on the machine would be closest to: Present Value of $1 Periods 6% 8% 10% 12% 14% 3 0.840 0.794 0.751 0.712 0.675 4 0.792 0.735 0.683 0.636 0.592 5 0.747 0.681 0.621 0.567 0.519 6 0.705 0.630 0.564 0.507 0.456 7 0.665 0.583 0.513 0.452 0.400 8 0.627 0.540 0.467 0.404 0.351 9 0.592 0.500 0.424 0.361 0.308 10 0.558 0.463 0.386 0.322 0.270 A. 10% B. 8% C. 12% D. 14%
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