Question 4 3 pts Chow Company has gathered the following information on an inves

Question

Question 4 3 pts Chow Company has gathered the following information on an investment project: 12% Cost of capital Life of project Calculate the internal rate of return (IRR) for this investment project. Enter your answer as a number folLowed by the percentage symbol with no spaces in between (i.e., 29%). You will need to use the present value table factors posted in canvas to answer this question. To access these factors, click modules and then scrol1 to weeks 13 & 14. Click on the link labeled present value table factors. No credit will be awarded for this question using a means other than these table factors to answer this question

Explanation / Answer

PV factor for Internal rate of return =184260/40000= 4.6065 Internal rate of return = 16%

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