Question 2 -/1 View Policies Current Attempt in Progress Bonita 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, eg. 13% For calculation purposes, use 5 decimal places as displayed in the factor table provided) % Internal rate of return Should the investment be accepted? be accepted The investment should eTextbook and Media Submit Answ Save for Later Attempts: 0 of 15 used