Amatra Inc. has the opportunity to invest in new equipment that will cost $1,130,044. The...
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Amatra Inc. has the opportunity to invest in new equipment that will cost $1,130,044. The net cash inflows for ten years equal $200,000 per year. What is the internal rate of return for the investment? A partial table of the present value of an annuity of $1 in arrears is as follows: Year 2% 4% 6% 8% 10% 12% 14% 16% 10 8.98259 8.11090 7.36009 6.71008 6.14457 5.65022 5.21612 4.83323
a. 14% b. 16% c. 8% d. 10% e. 12%
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