An investment costs $15,850 and will generate cash flow of $5,000 annually for four years. The firm's cost of capital is 12 percent. Use Appendix D to answer the questions.

1. What is the investment's internal rate of return? Round your answer to the nearest whole number.

%

Based on the internal rate of return, should the firm make the investment?

The investment should be or should not be made?

1. What is the investment's net present value? Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar.

$

Based on the net present value, should the firm make the investment?

The investment should be or should not be made?

1. Do the net present value and the internal rate of return suggest the same courses of action?

The net present value and the internal rate of return suggest the same or different courses of action?