Ove Corp is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $252.400. The equipment will have an initial cost of $1.303,600 and have an 8-year life. There is no salvage value for the equipment. If the hurdle rate is 10% what the internal rate of return? Ignore income taxes. (Future Value of $1. Present Value of $1. Future Value Annuity.of $1. Present Valve Annuity.of.51) (Use eppropriate factor from the PV tables. Round your final answer to the nearest dollar amount.) Mucle Choice less than zero Greater than 10% Deten % and its Beton % and 10% < Prev 14 of 66 Next >