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THE FOLLOWING DATA PERTAINS TO AN INVESTMENT PROPOSAL: REQURIED INVESTMENT 150,000 ANNUAL COST SAVINGS 40,000 PROJECTED LIFE OF INVESTMENT 10 YEARS PROJECTED SALVAGE VALUE 0$

THE FOLLOWING DATA PERTAINS TO AN INVESTMENT PROPOSAL: REQURIED INVESTMENT 150,000 ANNUAL COST SAVINGS 40,000 PROJECTED LIFE OF INVESTMENT 10 YEARS PROJECTED SALVAGE VALUE 0$ REQUIRED RATE OF RETURN 10% IGNORING INCOME TAXES, THE INTERNAL RATE OF RETURN ON THIS INVESTMENT IS CLOSEST TO: A. 33.7% B. 23.4% C. 37.5% D. 15%

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