The management of Indiana Corporation is considering the purchase of a new machine costing $400,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for 1 through 5 years are 0.909, 0.826, 0.751, 0.683, and 0.621, respectively. In addition to the foregoing information, use the following data in determining the acceptability in this situation: 
The average rate of return for this investment is:
Definitions:
Absolute Standards
Measures or criteria that are fixed and universally applied, regardless of context or situation.
Market Value Ethics
The ethical considerations involved in determining the fairness of prices and valuations in the marketplace.
Ethical Rules Of Conduct
Guidelines that govern the ethical and moral behavior of individuals and organizations in various professions.
Legal Persons
Entities (such as individuals, companies, and organizations) that have legal rights and obligations, including the capacity to enter into contracts, sue, and be sued.
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