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Question 10 of 10 -/8.5 View Policies Current Attempt in Progress Kanye Company is evaluating the purchase of a rebuilt spot welding machine to be

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Question 10 of 10 -/8.5 View Policies Current Attempt in Progress Kanye Company is evaluating the purchase of a rebuilt spot welding machine to be used in the manufacture of a new product. The machine will cost 5181,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $34,765. Click here to view PV table What is its approximate internal rate of return? (Round answer to decimal place, es. 13%) Internal rate of return

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