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Muse Corporation has gathered the following data on a proposed investment project: Investment required in new equipment Annual cash inflows Salvage value of new equipment

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Muse Corporation has gathered the following data on a proposed investment project: Investment required in new equipment Annual cash inflows Salvage value of new equipment Life of the investment Annual depreciation $127000 $ 40,600 $ 10.000 $ 23,400 Using the factors below, the internal rate of return on Muse's investment is closest to: 0 Periods 1 2 3 12% .893 1690 .402 3.037 .605 14% 0.877 1.647 2.322 16% 0.862 1605 2.246 18% 0.847 1566 2 2.174 2.914 2.798 2.690 3.127 5 3 3.433 3.274 Too 0 0

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