Delicate Pieces Inc. is considering the purchase of a special blow-molding machine that would cost $59,752...

 

Transcribed Image Text:

Delicate Pieces Inc. is considering the purchase of a special blow-molding machine that would cost $59,752 and would have a useful li annual cash inflows per year for each of the 8 years of its life. The internal rate of return on the machine would be closest to: Present Value of $1 Periods 34567810 6% 8% 10% 12% 14% 0.840 0.794 0.751 0.712 0.675 0.792 0.735 0.683 0.636 0.592 0.747 0.681 0.621 0.567 0.519 0.705 0.630 0.564 0.507 0.456 0.665 0.583 0.513 0.452 0.400 0.627 0.540 0.467 0.404 0.351 0.592 0.500 0.424 0.361 0.308 0.558 0.463 0.386 0.322 0.270 Delicate Pieces Inc. is considering the purchase of a special blow-molding machine that would cost $59,752 and would have a useful li annual cash inflows per year for each of the 8 years of its life. The internal rate of return on the machine would be closest to: Present Value of $1 Periods 34567810 6% 8% 10% 12% 14% 0.840 0.794 0.751 0.712 0.675 0.792 0.735 0.683 0.636 0.592 0.747 0.681 0.621 0.567 0.519 0.705 0.630 0.564 0.507 0.456 0.665 0.583 0.513 0.452 0.400 0.627 0.540 0.467 0.404 0.351 0.592 0.500 0.424 0.361 0.308 0.558 0.463 0.386 0.322 0.270