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The Hudson Corporation makes an investment of $24,000 that provides the following cash fow: Use ApRendix. B and Appendix. for an approximate answer but calculate

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The Hudson Corporation makes an investment of $24,000 that provides the following cash fow: Use ApRendix. B and Appendix. 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? (Do not round intermediate calculations and round your answer to 2 decimal places.) b. What is the internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Would you make the same decision under both parts a and b ? Yes

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