Stupendous Candy Company is considering purchasing a second chocolate dipping machine in order to expand its business. The information Stupendous has accumulated regarding the new machine is:

$($Click the icon to view the information.$)$

Present Value of $$1$ table Present Value of Annuity of $$1$ table Future Value of $$1$ table Future Value of Annuity of $$1$ table

Read the requirements.

Data table

Requirement $1.$ Calculate the following for the new machine:

a$.$ Net present value $($NPV$)($Use factors to three decimal places,

X$.$XXX$,$ and use a minus sign or parentheses for a negative net present valu

The net present value is

b$.$ Payback period $($Round your answer to two decimal places.$)$

The payback period in years is

c$.$ Discounted payback period $($Round interim calculations to the nearest whole dollar. Round the rate to two decimal places, X$.$XX$.)$

The discounted payback period in years is

d$.$ Internal rate of return $($Round the rate to two decimal places, X$.$XX$\%.)$

The internal rate of return $($IRR$)$ is

$\%.$

e$.$ Accrual accounting rate of return based on the net initial investment $($Round interim calculations to the nearest whole dollar. Round the rate

Stupendous estimates it will be able to produce more candy using the second

machine and thus increase its annual contribution margin. It also estimates there

will be a small disposal value of the machine but the cost of removal will offset that

value. Ignore income tax issues in your answers. Assume all cash flows occur

at year$-$end except for initial investment amounts.