NEXT Exercise 13.17 Kendra Corporation is involved in the business of injection moulding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $433.800. The company believes that with this new machine it will improve productivity and increase quality, resulting in a $108,600 increase in net annual cash ows for the next five years. Management requires a 11% rate of retum on all new investments. Click here to view table Calculate the internal rate of return on this new machine. (Round answer to decimal places . 10 . Forcakton pwposes, es decimal places as displayed in the factor table provided, .g. 1.52124.) Internal rate of return Should management accept the investment? The investment be accepted Question Attempts: 0 of used SAVE FOR LATER