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(provided present value data if needed) thank you!! :) Required information WThe following information applies to the questions displayed below.) Cardinal Company is considering a

(provided present value data if needed) thank you!! :) image text in transcribed
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Required information WThe following information applies to the questions displayed below.) Cardinal Company is considering a five-year project that would require a $3,025,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 16%. The project would provide net operating income in each of five years as follows: Click here to view Exhibit 128-1 and Exhibit 128-2, to determine the appropriate discount factor(s) using table. 6. What is the project's internal rate of return? Prosent Value of an Annuity of $1 in Arrears: 1/r(1(1/(1+r4o) )

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