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Exercise 26-15 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $342.270 that results in net cash flows of $45,000

image text in transcribed Exercise 26-15 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $342.270 that results in net cash flows of $45,000 annually for 15 years (EV of $1. EV of $1. PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided.) (e) What is the internal rate of return of this investment? (b) The hurdle rate is 12.0%. Should the company invest in this project on the basis of internal rate of return? a. Internal rate of retum b. Should the company invest in this project on the basis of internal rate of return? %

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