25%, 21%, 27%, 23%

EM' Question 2 - Week 8: Quiz - Connect Quiz 0 Saved Help Save & Exit Assume that a company is considering buying a new piece of equipment for $240,000 that Would have a useful life of ve years and no salvage value. The equipment would generate the following estimated annual revenues and expenses: Revenues $ 134,800 \\ Less operating expenses: 1 ; Commissions $ 15,000 ' Insurance 5,000 Depreciation 48,000 Maintenance 30,000 98,000 Net Operating income $ 36,300 Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using the tables provided. The internal rate of return for this investment is closest to