a)19%

b)21%

c)25%

d)23%

Joetz Corporation has gathered the following data on a proposed investment project (lgnore income taxes.): The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial is Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using the tables provided. The internal rate of return of the investment is closest to: Multiple Choice 19% 21% 25\% WFHIBIT 1AR-1 Tresent Value of 51:((1+r))n1 EXHIHT H-2 Present Yaloe of aa Anouity of 51 ia Arrtars ][1u(t+r)y1]