The Tool Box needs to purchase a new machine costing $1.66 million. Management is estimating the machine will generate cash inflows of $232,000 the first year and $600,000 for the following three years. If management requires a minimum 13.0 percent rate of return, should the firm purchase this particular machine? Why or why not? A. Yes; because the IRR is 7.67 percent B. Yes; because the IRR is 12.97 percent C. No; because the IRR is 7.67 percent D. No; because the IRR is 12.97 percent E. The answer cannot be determined as there are multiple IRRs.