Settings The Comil Corporation recently purchased a new machine for its factory operations at a cost of $509,860. The investment is expected to generate $130,000 in annual cash flows for a period of seven vears. The required rate of return is 12%. The old machine has a remaining life of seven years. The new machine is expected to have zero value at the end of the seven-year period. The disposal value of the old machine at the time of replacement is zero. What is the internal rate of return? O A. 15% OB. 14% O C. 16% OD. 17%