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Exercise 26-15 Internal rate of return P4 GTO Inc. is considering an investment costing $214,170 that results in net cash flows of $30,000 annually for
Exercise 26-15 Internal rate of return P4 GTO Inc. is considering an investment costing $214,170 that results in net cash flows of $30,000 annually for 11 years. (a ) 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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