An investment that costs $323,610 will reduce operating costs by $38,720 per year for 13 years. Determine the internal rate of return of the investment (ignore taxes). (Round present value factor calculations to 4 decimal places, eg. 1.2151 and final answer to O decimal places, es. 17%) Click here to view factor tables 96 Internal rate of return Should the investment be undertaken if the required rate of return is 11 percent? The investment be undertaken. e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later