For Questions $20-22$ use the following set of cash flows:Initial investment $=$ $$1,250,000$Yr $1$ :$170,000$Yr $2$:$180,000$Yr $3$:$155,000$Yr $4$:$198,000$Yr $5$:$195,000$ Sale of property occurs at the end of Yr $5$ for a price of $$2,075,000$

$20)$What is the IRR of this investment? a$.17\mathrm{.}57\%$b$.22\mathrm{.}59\%$c$.18\mathrm{.}60\%$d$.17\mathrm{.}09\%$

$21)$If the hurdle rate for this company is $15\%$a$.$ There must be a positive IRR b$.$ There must be negative NPV c$.$ The NPV is zero because the IRR is above the hurdle rated. D$.$ There must be a positive NPV

$22)$The NPV of the investment is a$.$ $$377,645$ b$.-$ $$125,678$ c$.$ $$394,042$ d$.$ $$357,895$