Microsoft Company has gathered the following data on a proposed investment project (Ignore incom Investment required in equipment $39, 000 Annual cash inflows $ 9, 600 Salvage value of equipment Life of the investment 15 years 56 Required rate of return 10% The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly thro investment. Click here to view Exhibit 7B-1 and Exhibit 78-2; to determine the appropriate discount factor(s) using th The internal rate of return of the investment is closest to