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View Policies Current Attempt in Progress Dinshaw Company is considering the purchase of a new machine. The invoice price of the machine is $71,803, freight
View Policies Current Attempt in Progress Dinshaw Company is considering the purchase of a new machine. The invoice price of the machine is $71,803, freight charges are estimated to be $2,740, and installation costs are expected to be $7,350. The annual cost savings are expected to be $14,790 for 9 years. The firm requires a 21% rate of retum. Ignore income taxes. What is the internal rate of return on this investment? (Round answer to O decimal places, eg. 15%) Click here to view PV table. Internal rate of return
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