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GTO Incorporated is considering an investment costing $231,370 that results in net cash flows of $34,000 annually for 11 years. (PV of 51. FV of

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GTO Incorporated is considering an investment costing $231,370 that results in net cash flows of $34,000 annually for 11 years. (PV of 51. FV of S1, PVA of S1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) (a) What is the internal rate of return of this investment? (b) The hurdie rate is 95%. 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 rotum? No

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