Problem 12-11 Internal rate of return [LO12-4] You buy a new piece of equipment for $21,309, and you receive a cash inflow of $3,000 per year for 13 years. Use Appendix D for an approximate answer but calculate your final answer using the financial calculator method What is the internal rate of retum? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Internal rate of return Problem 12-12 Internal rate of return [LO12-41 Doparman Store ia Kings e an ant S oco o mam labng t purchase a a new ma hino at a cost ofs28 562 The machine wil pra de 4 600 per year in cash flow tor elevan yeara King's has a cost c captal o 9 percent. Use A at 9 percent Useemare for an appro emate e d x for an p ro mato anan r but calou to our fnal ans or usin t a fnancial caloulator mothod a. What is the insarnal rato of raturn? (Do not round intormodiate calculations. Entor your answor as a percent rounded to 2 decimal places.) Internal rate of b. Should the prajact bo undortakon? No