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GTO Incorporated is considering an investment costing $226,080 that results in net cash flows of $30,000 annually for 12 years. (PV of $1, FV of

image text in transcribed GTO Incorporated is considering an investment costing $226,080 that results in net cash flows of $30,000 annually for 12 years. (PV of $1, FV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) (a) What is the internal rate of return of this investment? (b) The hurdle rate is 10.0%. Should the company invest in this project on the basis of internal rate of return? a. Internal rate of return b. Should the company invest in this project on the basis of internal rate of return

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