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The Hudson Corporation makes an investment of $24,000 that provides the following cash flow: Use Appendix B and AppendixD for an approximate answer but calculate
The Hudson Corporation makes an investment of $24,000 that provides the following cash flow: Use Appendix B and AppendixD for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. What is the net present value at an 8 percent discount rate? Note: Do not round intermediate calculations and round your answer to 2 decimal places. b. What is the internal rate of return? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. c. Would you make the same decision under both parts a and b ? Yes No
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