Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.) A company is considering investing in a new machine that requires a cash payment of $49,947 today. The machine will generate annual cash flows of $20,084 for the next three years. QS 24-13 Internal rate of return LO P4 What is the internal rate of return if the company buys this machine? (PV of $1. FV of $1. PVA of $1, and FVA of $1 (Use appropriate factor(s) from the tables provided.) Amount Invested X Annual Net Cash Flow = Present Value Factor Internal Rate of Return 6%