Question: Current Attempt in Progress Your answer is incorrect Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture
Current Attempt in Progress Your answer is incorrect 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 $176,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $33,805. Click here to view PV table. What is its approximate internal rate of return? (Round answer to O decimal place, eg. 125.) Internal rate of return
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