Foundations of Financial Management, Stanley Block and Geoffrey Hirt and Bartley Danielsen Chapter 12, 17. Net present value and internal rate of return methods. 17. Net present value and internal rate of return methods (LO4) The Hudson Corporation makes an investment of $24,000 that provides the following cash flow: Year Cash Flow 1 $ 13,000 2 13,000 3 4,000 a. What is the net present value at an 8 percent discount rate? b. What is the internal rate of return? c. In this problem, would you make the same decision under both parts a and b? Show an Excel File showing the formulas