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Ryker Manufacturing is evaluating investing in a new metal stamping machine costing $27,464. Ryker estimates that it will realize $8,000 in annual cash inflows for

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Ryker Manufacturing is evaluating investing in a new metal stamping machine costing $27,464. Ryker estimates that it will realize $8,000 in annual cash inflows for each year of the machine's 5-year useful life. The internal rate of return (IRR) for the machine is approximately: (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) O A. 14% OB. 6% O C. 8% OD. 10% 0 Data Table Present Value of $1 Periods 8% 6% 0.840 0.792 0.747 0.705 0.665 0.627 0.592 .558 0.794 0.735 0.681 0.630 0.583 0.540 0.500 0.463 10% 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.386 12% 0.712 0.636 0.567 0.507 0.452 0.404 0.361 0.322 14% 0.675 0.592 0.519 0.456 0.400 0.351 0.308 0.270 10 0 Print Done

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