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Net present value and internal rate of return Velma and Keota (V&K) is considering an investment opportunitiy. The investment requires V&K to spend $15,246.47 to

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Net present value and internal rate of return Velma and Keota (V&K) is considering an investment opportunitiy. The investment requires V&K to spend $15,246.47 to acquire a piece of asset. The asset will have an expected useful life of four years and no salvage value. This investment will generate expected cash inflows of $4,400 per year for the next four years. V&K has established a 5 percent minimum rate of return for all investments. (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Required a. Calculate the total present value of all cash inflows for this investment opportunity. (Round final answer to the second decimal point. Do not round intermediate calculations.) b. Calculate the net present value of this investment opportunity. (Round final answer to the second decimal point. Do not round intermediate calculations.) c. Calculate the internal rate of return for this investment opportunity. (Do not round intermediate calculations.) Present value of cash a inflows Net present value of b investment c. Internal rate of returen %

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