What is the internal rate of return on this investment


Overland Company has gathered the following data on a proposed investment project:

Investment in depreciable equipment $150,000
Annual cash flows $40,000
Life of the equipment 10 years
Salvage value -0-
Discount rate 10%

what is the internal rate of return on this investment ?

 

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Accounting Basics: What is the internal rate of return on this investment
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