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JCportion has gathered the following data on a proposed investment project Dtment required in equipment Annual cash inflewe Salvage value of equipment Life of the

JCportion has gathered the following data on a proposed investment project Dtment required in equipment Annual cash inflewe Salvage value of equipment Life of the investment $ 36,000 $ 8,400 $ 0 15 years 109 Required rate of return company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial estment imple rate of return for the investment (rounded to the nearest tenth of a percent) is: Choice 167%

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