Eisler 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 $442,900. 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 $107,725 for the next 6 years. Management requires a 10% rate of return on all new investments.

Exercise 24-5 Eisler 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?442,900. The company believes that with this new machine it will improve productivity and increase a result in man n ease m et annua a flow of $107,725 for the next 6 years. Management requires a 10% rate of return on all new investments. Click here to view the factor table. (For calculation purposes,use 5 decimal places as displayed in the factor table provided.) Calculate the internal rate of return on this new machine. (Round answer to o decimal places, e.g. 10.) Internal rate of return Should the investment be accepted? The investment be accepted