Question: Exercise 12-5 (Video) Your answer is partially correct. Try again. Bruno Corporation is involved in the business of injection molding of plastics. It is considering
Exercise 12-5 (Video) Your answer is partially correct. Try again. Bruno Corporation is involved in the business of injection molding of plastics. It is considering the purchase of a new computer-aided design and manufacturing machine for $425,000. The company believes that with this new machine it will improve productivity and increase quality, resulting in an increase in net annual cash flows of $100.460 for the next 6 years. Management requires a 10% rate of return on all new investments, Click here to view PV table Calculate the internal rate of return on this new machine. (Round answer to o decimal places, e.g. 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Intemal rate of return Should the investment be accepted? should 0 The investment be accepted Click if you would like to show Work for this questions Open Show Work
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