Question: Brief Exercise 27-07 x Your answer is incorrect. Try again Kanye Company is evaluating the purchase of a rebuilt spot welding machine to be used

Brief Exercise 27-07 x Your answer is incorrect. Try again Kanye Company is evaluating the purchase of a rebuilt spot welding machine to be used in the manufacture of a new product. The machine will cost $161,000, has an estimated useful of 7 years, a salvage value of zero, and will increase net annual cash flows by $31,989. Click here to view Py_table. What is its approximate internal rate of return? (Round answer to o decimal place, .g. 139.) Internal rate of return

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