The expected average rate of return for a proposed investment of $484,800 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $259,720 for the 4 years is (round to two decimal places) Oa. 0.54% Ob. 13.39% Oc. 1.07% Od. 26.79% Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables provided, the internal rate of return of an investment of $227,460 that would generate an annual cash inflow of $60,000 for the next 5 years is Oa. 12% Ob. 6% Oc. 10% Od. cannot be determined from the data given The management of Wyoming Corporation is considering the purchase of a new machine costing $375,000. The company's desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for 5 years is 4.212. In addition to the foregoing information, use the following data in determining the acceptability of this investment: Operating Net Cash Year Income Flow 1 $18,750 2 18,750 $93,750 93,750 93,750 3 18,750 4 18,750 93,750 5 18,750 93,750 The net present value for this investment is Oa. $(19,875) Ob. $118,145 Oc. $19,875 Od. $(118,145)