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23C- An investor purchases a bond for $911. The bond pays $55 a year for three years and then matures (it is redeemed for $1,000).

23C- An investor purchases a bond for $911. The bond pays $55 a year for three years and then matures (it is redeemed for $1,000). What is the internal rate of return on that investment? Round your answer to the nearest whole number. The internal rate of return on a bond is %.

23D- Management of a firm with a cost of capital of 8 percent is considering a $120,000 investment with annual cash flow of $51,680 for three years. A- What are the investments net present value and internal rate of return? Use a minus sign to enter a negative value, if any. Round your answers for the net present value to the nearest dollar and for the internal rate of return to the nearest whole number. NPV: $ IRR: % B -The internal rate of return assumes that each cash flow is reinvested at the internal rate of return. If that reinvestment rate is achieved, what is the total value of the cash flows at the end of the third year? Use the rounded internal rate of return from part a. Round your answer to the nearest dollar. $ C- The net present value technique assumes that each cash flow is reinvested at the firms cost of capital. What would be the total value of the cash flows at the end of the third year, if the funds are reinvested at the firms cost of capital? Round your answer to the nearest dollar. $

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