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Required information [The following information applies to the questions displayed below.) A company is considering investing in a new machine that requires a cash payment

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Required information [The following information applies to the questions displayed below.) A company is considering investing in a new machine that requires a cash payment of $41,597 today. The machine will generate annual cash flows of $17,319 for the next three years, What is the internal rate of return if the company buys this machine? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Amount invested Annual Net Cash Flow Present Value Factor 0 Intemal Rate of Return %

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