a. 15%

b.10%

c. 4%

d. 5%

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ong-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $235,655, would have a useful life of 8 years, and would have no salvage value. The auling business, resulting in additional net cash inflows of $35,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to