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Exercise 2415 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $224,970 that results in net cash flows of $30,000

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Exercise 2415 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $224,970 that results in net cash flows of $30,000 annually for 11 years. (PV of \$1. EV of \$1. PVA of \$1, and EVA of \$1) (Use oppropriate factor(s) from the tables provided.) (o) What is the internal rate of return of this investment? (b) The hurdle rate is 9.5%. Should the company invest in this project on the basis of internal rate of return

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