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An investment costs $18,450 and will generate cash flow of $4,500 annually for five years. The firms cost of capital is 9 percent. Use Appendix
An investment costs $18,450 and will generate cash flow of $4,500 annually for five years. The firms cost of capital is 9 percent. Use Appendix D to answer the questions. What is the investments 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 -Select- made. What is the investments net present value? Use
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