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GTO Incorporated is considering an investment costing $246,880 that results in net cash flows of $40,000 annually for 15 years. (PV of $1. FV of

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GTO Incorporated is considering an investment costing $246,880 that results in net cash flows of $40,000 annually for 15 years. (PV of $1. FV of $1. PVA of $1, and FVA of $i) (Use appropriate factor(s) from the tables provided) (a) What is the internal rate of return of this investment? (b) The hurdle rate is 14.5% Should the company invest in this project on the basis of internal rate of return? a. Internat rate of retum b. Should the company invest in this project on the basis of internat rate of retum

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