Bau Long Haul Inc., is considering the purchase of a tractor-that would cost $358.263 have useful life of 7 years, and would have no salvage value . The tractor-trailer would be used in the companys houling business, resulting in additional net cash inflows of $81,000 per year. The Internal rate of return on the investment in the tractor-trailer is closest to ignore income taxes

Bau Long Haul, Inc., is considering the purchase of a tractor-trailer that would cost $358,263, would have a useful life of 7 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $81,000 per year. The internal rate of return on the investment in the tractor-trailer is closest to (Ignore income taxes. Click here to view Exhibit 128-1 and Exhibit 128-2. to determine the appropriate discount factor(s) using the tables provided. Multiple Choice 13% 12% O 15% 10%