Question: Current Attempt in Progress Your company is considering a capital project that will require a net initial investment of $314,978. The project is expected

Current Attempt in Progress Your company is considering a capital project that

Current Attempt in Progress Your company is considering a capital project that will require a net initial investment of $314,978. The project is expected to have a 7- year life and will generate an annual net cash inflow of $55,260. Using the present value tables, what is the internal rate of return? (Round answers to O decimal places, e.g. 25.) Click here to view the factor table. Internal Rate of Return %

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