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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 $51,939 today. The machine will generate annual cash flows of $20,885 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.) Present Value Factor Annual Net Cash Flow Amount Invested Internal Rate of Return

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