The Hudson Corporation makes an investment of $65,240 that provides the following cash flow: Cash Flow Year 1 23 2 $ 32,000 32,000 3 20,000 Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods. a. What is the net present value at a discount rate of 9 percent? Note: Do not round intermediate calculations and round your answer to 2 decimal places. Net present value 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. < Prev 2 of 7 Next >>