Question: 0.91 1.01 1.11 1.16 William LaForge buys a machine for his business. The machine costs $150,000. William estimates that the machine can produce $40,000 cash

0.91 1.01 1.11 1.16 William LaForge buys a machine for his business. The machine costs $150,000. William estimates that the machine can produce $40,000 cash inflow per year for the next five years. William's cost of capital is 12 percent. What is the approximate internal rate of return? 8.95% 9.43% 10.43% 11.59% William LaForge buys a machine for his business. The machine costs $150,000. William estimates that the machine can produce $40,000 cash inflow per year for the next five years. William's cost of capital is 10 percent. What is the approximate net present value

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