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The Hudson Corporation makes an investment of $61,500 that provides the following cash flow Use Appendix B and Appendix D for an approximate answer but

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The Hudson Corporation makes an investment of $61,500 that provides the following cash flow Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods Year Cash Flow $29,000 29,000 17,000 a. What is the net present value at a discount rate of 6 percent? (Do not round intermediate calculations and round your answer to 2 decimal places.) Net present value b. What is the internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Internal rate of return c.Would you make the same decision under both parts a and b? O Yes O No

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