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GO Incorporated is considering an investment costing $214,170 that results in net cash flows of $30,000 annually for 11 years. (PV of $1. FV of
GO Incorporated is considering an investment costing $214,170 that results in net cash flows of $30,000 annually for 11 years. (PV of \$1. FV of \$1. PVA of \$1, and FVA of \$1) Note: Use appropriate factor(s) from the tables provided. (a) What is the internal rate of return of this investment? (b) The hurdle rate is 95%. Should the company invest in this project on the basis of internal rate of return
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, Maureen Sterling
7th Canadian Edition
1260065952, 978-1260065954
