E11-4 Calculating Accounting Rate of Return, Payback Period, Net Present Value, Estimating Internal Rate of Return QLO 11-1, 11-2. 011-3, 11-4 Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investment follows: Initial investment (2 limos) $600,000 Usctul de 8 years Salvage value S100.000 Annual net income generated S 48.000 LLT's cost of capital 129 Required: Help LLT evaluate this project by calculating each of the following: 1. Accounting rate of return 2. Payback period 3. Net present value 4. Based on your calculation of not present value, what would you estimate the project's internal rate of return to be