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need help please Exercise 24-15 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $224.840 that results in net cash
need help please
Exercise 24-15 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $224.840 that results in net cash flows of $35,000 annually for 13 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 12.5%. Should the company invest in this project on the basis of internal rate of return? Exercise 24-15 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $224.840 that results in net cash flows of $35,000 annually for 13 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 12.5%. Should the company invest in this project on the basis of internal rate of return Step by Step Solution
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