Question: Your company is considering a capital project that will require a net initial investment of $244,978. The project is expected to have a 7 year

 Your company is considering a capital project that will require a

Your company is considering a capital project that will require a net initial investment of $244,978. The project is expected to have a 7 year life and will generate an annual net cash inflow of $40,860. Using the present value tables, what is the internal rate of return? (Round answers to 0 decimal places, e.g. 25.) Click here to view the factor table. Internal Rate of Return %

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