Question $20$

$3$ pts

Copr. Goedl Align, Inc. is considering a new piece of equipment that costs $$120,000.$ The company can get $$11,000$ for trading in their old machine. Follow is financial data relevant to the new machine: $$42,000$ revenue; $$24,000$ cash expenses; useful life $10$ years; depreciation expense $$9,000$ per year.

The internal rate of return discount factor is:

$6\mathrm{.}056$

$6\mathrm{.}667$

$13\mathrm{.}333$

$12\mathrm{.}111$