An investment costing $150,000 is expected to yield net cash flows of $36,000 annually for six years. The NPV of the investment at a cost of capital rate of 12% would be

Present Value of an Ordinary Annuity table:

Group of answer choices

$1,990

$150,000

$148,010

$(1,990)

Not enough information to calculate

Flag question: Question 37Question 372.5 pts

An investment opportunity costing $80,000 is expected to yield net cash flows of $15,000 annually for seven years. The internal rate of return of the investment is between

Present Value of an Ordinary Annuity table:

Group of answer choices

6 and 8%

8 and 10%

10 and 12%

12 and 14%

None of the above