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?RNO Ltd . ?just invested $ 1 1 9 , 0 0 0 ?into a new local network. Services provided by the network will bring

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?RNO Ltd. ?just invested $119,000 ?into a new local network.
Services provided by the network will bring $25,600 ?per year in
the next 7 ?years. The following information is given:
Current MARR =14%
expected annual inflation =2.8%
the network will be sold for salvage after 7 ?years; its
depreciation rate is 22%(Declining Balance)
All Cashflow values, including salvage, are in real dollars
Is this a good investment measured by the internal rate of
return?
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