View Policies Current Attempt in Progress Blossom 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 $444,000. 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 $107.992 for the next 6 years. Management requires a 10% rate of return on all new investments. Cilc were to view PV table. Calculate the internal rate of return on this new machine. (Round answer to decimal places, es. 13%. For calculation purposes, use 5 decimal places as displayed in the factor table provided) Internal rate of return Should the investment be accepted? The investment be accepted. Attempts:0 of 1 used Submit Answer Save for Later