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GTO Incorporated is considering an investment costing $259,800 that results in net cash flows of $40,000 annually for 11 years. (PV of $1. EV of

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GTO Incorporated is considering an investment costing $259,800 that results in net cash flows of $40,000 annually for 11 years. (PV of \$1. EV 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 10.5%. Should the company invest in this project on the basis of internal rate of return

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