X Company is considering buying a new machine that will cost $148,500 and that will generate annual cash inflows of $55,556 for 3 years.

If the company buys the new machine, what is the internal rate of return?

A: 0.03

B: 0.04

C: 0.05

D: 0.06

E: 0.07

F: 0.08

X Company is considering buying a new machine that will cost $148,500 and that will generate annual cash inflows of $55,556 for 3 years. If the company buys the new machine, what is the internal rate of return? A: 0.03 B: 0.04| OC: 0.05 OD: 0.06| OE: 0.07|| OF: 0.08 Submit Answer Tries 0/99