X Company is considering the purchase of a new machine that would enable the company to increase production and sales of one of its products by 4,925 units; contribution margin of this product is $6.00 per unit. The machine would cost $150,000, last for five years, and have zero salvage value at the end of its life. 8. Assuming a discount rate of 7%, what is the net present value of buying the new machine? A: $-28,845 B: $-33,749 C: $-39,486 D: $-46,199 E 5-54,052 F1-63,241 Submit Answer Tries 0/99 9. If the new machine will last for six years instead of five, what is the approximate internal rate of return of buying it? OA: 0.03 OB: 0.04 OC: 0.05 OD: 0.06 OE: 0.07 OF: 0.08 Submit Answer Tries 0/99