Question
The following data pertains to an investment proposal: Required investment $400,000 Annual cost savings $105,700 Projected life of investment 6 years Projected salvage value $0
The following data pertains to an investment proposal:
| Required investment | $400,000 |
| Annual cost savings | $105,700 |
| Projected life of investment | 6 years |
| Projected salvage value | $0 |
| Required rate of return | 12% |
Ignoring income taxes, the internal rate of return on this investment is closest to:
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Managing Component Based Development In Global Teams
Authors: J. Kotlarsky, I. Oshri
2009 Edition
0230222447, 978-0230201101
