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GTO Incorporated is considering an investment costing $204,420 that results in net cash flows of $30,000 annually for 12 years. (PV of $1. EV of

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GTO Incorporated is considering an investment costing $204,420 that results in net cash flows of $30,000 annually for 12 years. (PV of \$1. EV of S1, PVA of S1, and EVA of S1) Note: Use appropriate factor(s) from the tables provided. (a) What is the internal rate of return of this investment? (b) The hurdie rate is 10.5%. Should the company invest in this project on the basis of internal rate of return

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