Fenwick Company is considering a purchase of equipment that costs $40,000 and is expected to offer annual cash inflows of $11,097, for 5 years. Fenwick Company's required rate of return is 10%. The internal rate of return of this investment project is closest to: ( PV of $1 and PVA of $1) Note: Use appropriate factor(s) from the tables provided. Multiple Choice O O O 12%. 27%. 17%. 11%.

Fenwick Compary is considering a purchase of equipment that costs $40,000 and is expected to offer anruai cash inflows of $11.097 for 5 years. Fenwick Company's required rate of retum is 10%. The internal rate of return of this invectment project is ciusest to: : PV of $1 and PVA of $11 Note: Use appropriate factor(s) from the tables provlded. Multiple Choice 12% 27% 17% 11% Fenwick Compary is considering a purchase of equipment that costs $40,000 and is expected to offer anruai cash inflows of $11.097 for 5 years. Fenwick Company's required rate of retum is 10%. The internal rate of return of this invectment project is ciusest to: : PV of $1 and PVA of $11 Note: Use appropriate factor(s) from the tables provlded. Multiple Choice 12% 27% 17% 11%