urgent ques 4

Windsor Corporation is involved in the business of injection moulding of plastics. It is considering the purchase of a new computeraided design and manufacturing machine for $452,200. The company believes that with this new machine it will improve productivity and increase quality, resulting in a $122.300 increase in net annual cash flows for the next five years. Management requires a 14% rate of return on all new investments. Click here to view the factor table. Calculate the internal rate of return on this new machine. (Round answer to 0 decimol places, es. 10x. For calculation purposes, use 5 . decimal places as displayed in the factor table provided, es. 1.52124.) Should management accept the investment