Use data on the yields of U. S. Treasury Bonds to infer inflation expectations. the two links are
nominal yields :(https://www. treasury. gov/resourcecenter/data-chart-cente r/interest-rates/Pages/TextView. aspx?data=yield) ,

real yields (https://www. treasury. gov/resource-center/data-chart-cent er/interest-rates/Pages/TextView. aspx?data=realyield)

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%