The Balistan Rug Company is considering investing in a new loom that will cost $12,000. The new loom will create positive end of year cash flow of $5,000 for the next 3 years. The internal rate of return for this project is: Multiple Choice between 10% and 15%. between 15% and 20% between 20% and 25% between 25% and 30%. less than 10%.
