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Question 4 (of 7) value: 14.28 points King's Department Store is contemplating the purchase of a new machine at a cost of $23,586. The machine

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Question 4 (of 7) value: 14.28 points King's Department Store is contemplating the purchase of a new machine at a cost of $23,586. The machine will provide $3,800 Appendix D for an approximate answer but calculate your final answer using the financial calculator method. a. What is the internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to rate of return b. Should the project be undertaken? O No Yes Hints References eBook & Resources Hint#1 Check my work

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