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GAB Manufacturing is evaluating investing in a new metal stamping machine costing $31,700. Ryker estimates that it will realize $10,000 in annual cash inflows for

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GAB Manufacturing is evaluating investing in a new metal stamping machine costing $31,700. Ryker estimates that it will realize $10,000 in annual cash inflows for each year of the machine's 4 - year useful life. The internal rate of return (IRR) for the machine is approximately Present Value of $1 Periods 6% 8% 10% 12% 14% 3 0.840 0.794 0.751 0712 0.675 0.792 0.735 0.683 0 636 0.592 0.747 0.681 0.621 0.567 0519 0.705 0.630 0 564 0.507 0.456 0.665 0 583 0513 0.452 0.400 0.627 0.540 0 467 0404 0.351 0.592 0.500 0 424 0.361 0.308 O A. 8% O B. 10% O C. 6% O D. 14%

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