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Policies Current Attempt in Progress Blossom Corporation is involved in the business of injection molding of plastics it is considering the purchase of a new

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Policies Current Attempt in Progress Blossom 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 $432,000. 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 $114,150 for the next o 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 should be accepted

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