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An investment that cost $38,000 provided annuat cash inflows of $11,000 per year for five years. The desired rate of return is 12%. The internal

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An investment that cost $38,000 provided annuat cash inflows of $11,000 per year for five years. The desired rate of return is 12%. The internal rate of return from the investment is: (PV of $1 and PVA of (\$1) (Use oppropriote foctor(s) from the tobles provided.) Multiple Choice less than the desired rate of roturn. equal to the desired rase of return Greater than the desued rate of retain The onswor cannot be determined fiom the information pioveded

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