Joetz Corporation has gathered the following data on a proposed Investment project (ignore income taxes.): $31,500 $ 6,600 Investment required in equipment Annual cash inflows Salvage value of equipment Life of the investment Required rate of return 15 years 108 The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial Investment. Click here to view Exhibit 13B-1 and Exhibit 138-2, to determine the appropriate discount factors) using the tables provided. The Internal rate of return of the investment is closest to Multiple Choice o o O