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Velma and Keota (V&K) is considering an investment opportunitiy. The investment requires V&K to spend $9,981.78 to acquire a piece of asset. The asset will

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Velma and Keota (V&K) is considering an investment opportunitiy. The investment requires V&K to spend $9,981.78 to acquire a piece of asset. The asset will have an expected useful life of five years and no salvage value. This investment will generate expected cash inflows of $2,500 per year for the next five years. V&K has established a 7 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 inflows Net present value of investment c. Internal rate of returen

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