5)Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $52 000. The annual cash inflows for the next three years will be:YearCash Flow1$26 000224 000319 000Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the financial calculator method.a.Determine the internal rate of return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Internal rate of return % b.With a cost of capital of 14 percent should the equipment be purchased?YesNo
