Hh4.Account Coronado Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a newproduct. The machine will cost $180,000, has an estimated useful life of 7 years, a salvage value of zero, and will increasenet annual cash flows by $39,441. Click here to view PV table.What is its approximate internal rate of return? (Round answer to O decimal place, e.g. 13%.)Internal rate of return%

The internal rate of return (IRR) is a fiscal standard used to estimate the profitability of an…

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What is its approximate internal rate of return? (Round answer to 0 decimal place, e.g. 13%.) Internal rate of return do %