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Muse Corporation has gathered the following data on a proposed investment project: 1 Investment required in new equipment Annual cash inflows Salvage value of new

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Muse Corporation has gathered the following data on a proposed investment project: 1 Investment required in new equipment Annual cash inflows Salvage value of new equipment Life of the investment Annual depreciation R LLL $ 126,000 $ 38,500 $ 10,000 5 years $ 23,200 Using the factors below, the internal rate of return on Muse's investment is closest to: Periods 2 1 10% 0.909 1.736 2.487 3.170 3.791 3 12% 0.893 1.690 2.402 3.037 3.605 14% 0.877 1.647 2.322 2.914 3.433 16% 0.862 .605 2.246 2.798 3.274 5 BIG 3.170T 3.791 3.037 3.605 2.914 3.433 2.798 3.274 Multiple Choice

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