What the internal rate of return on this investment is


Overland Company has gathered the following data on a proposed investment project:


Investment in depreciable equipment $150,000
Annual cash flows $ 40,000
Life of the equipment 10 years
Salvage value -0-
Discount rate 10%

what the internal rate of return on this investment is closest to:

 

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Accounting Basics: What the internal rate of return on this investment is
Reference No:- TGS087110

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