1. A new machine will cost $220,000 and generate after-tax cash inflows of $30,000 for 10 years. Find the NPV if the firm uses a 10% opportunity cost…

1. A new machine will cost $220,000 and generate after-tax cash inflows of $30,000 for 10 years. Find the NPV if the firm uses a 10% opportunity cost of capital.What is the IRR? What is the payback period?