gnore income taxes in this problem.) Overland Corporation has gathered the following data on a proposed investment project lick here to view Exhibit 8B-1 and Exhibit 88-2 to determine the appropriate discount factorfs) using tables. Investment required in equipment Annual cash inflows Salvage value of equipment Life of the investment Discount rate $630,000 88,000 15 years 10% The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment The internal rate of return on the investment is closest to: 07% 09% o 11% 13% References Learning Objective: 08-03 Evaluate t internal rate of return method Difficulty: 2 Medium Multiple Choice