Both 3.999 and 4% are WRONG

.oooo Verizon 9:09 PM 71% s2 lite msu.edu Carly Rose Gawronski v (Student section: 001) ACC230, Messages Courses Help Logout Spring 2017 Survey of Accounting Concepts I Main Menu Contents Grades 4 Course Contents SECOND CHANCE Timer Notes d Evaluate Feedback Print Info X Company is considering launching a new product. The company believes unit sales of this product will be 8,200 in each of the next 4 years, and that the contribution margin will be $5.80 per unit. Additional fixed costs will be $14,502. Equipment costing $120,000 will have to be purchased; the equipment will have no salvage value at the end of 4 years. What is the internal rate of return if the new product is launched? 3.999 You Submission have not Submit Answer entered graded. that Previou Tries 2/3 Tries Use fewer answer before digits. Communication Blocked Send Feedback