Woodsy Music is considering investing 5625,000 in pelvate lesson studios that will have no residual value. The studios are expected to result in annual net cash inflows of 590.000 per year for the next nine years. Assume that Woodsy Music uses an 8% hurdle rate. What is the approximate internal rate of return (IRR) of the studio investment? (Click the icon to view the present value of an annuity table) (Click the icon to view the present value table.) (Click the icon to view the future value of an annuity table) (Click the icon to view the future value table.) The internal rate of return (IRR) is between 3% and 10% 5% and 6% 49 and 546 0% and 89 eference Reference 15 WE 0001 OSE G IS Presente Period 15 3% . DU 12% 107 18 20% 0908620352 TOTUS TOTEZY 0833 Period 1970 19219053601833 1783 1714 1715 156 1528 2941230428792775 272 2073 2577 20 242 222 223 24 25 Period 15038057569035463465 3302 30 30 291 2750 200 2509 Per 485 47134.900448243994212 290 1791 306 3232143127291 Period 5195501 5.67 52125076497 4554 23:36 Period 6.72864126220600257 552 5205 4868458420640093202 303 Period 76927.375 702067364536210 5775235403403837 Period 85568152778705710002 520 5750 5320NEO 4.4001 Period 1941090005061117722 73606710 615 58505216 48304199 Pelo 11 977 925) 70.000 71363545029440 Pale1211259.575 99649305 8.5663347536 68 6992 SGS1974294239 betod 24 113451059693 605070 580 5500455 Merid 1413004121062961090 989992381273702316050004610 Pelo M12891011110097289606105.55.050 465 Period 2010 16:31 14377130122114935414595995954870 PS 223 1952317413 5625405412200 1065 307 723549 Pero 25322960172805372113705 1125 115570857554 Per 09046112597105 M 29 1.000.000 NEOCELE SURINAT SET 0199 90959 SO9 O SOCOS BEG DOC2090 S80 SWASTA 2015 C6 WS Tweet Pred 1X 21 H 123 13 16% Period Time Ped2 2010 2000 2000 2000 2000 2000 2000 21001 TO 700 Tod 210 2.180 2.750 Poled 100003013122115331 32 3310 2200 3440 7572 30 P4 40000 4305310 4991 5101524 53 54 55 56 58 63 ET 740 PG 5199 5975 733676 576 391 900 Period 723701 762 79818 1141 12.10 2911 820685293929 Feed 1754 2079 42109011641200620 LEST151753337 2331 Period 12000 1202 49120 2005 Period M Pro 14 147 159 159921015202755 P1720119921570212 516 40968 12.00 220242103006920 TSON Med 01069555 ST 000 0.100 120 600 7 WERE CELE 100 261 262 GROSSW0RON EL 162 LESK SID IN KLODRAM 2 BLOK O O MOZIONI 1887 Print Done Print Done vestment? - Reference Reference HE VE 90 Ch 1050 1950 PER Pe TX 23 09 11 10 105 20% POSTUSTOOTO0007 Pored 2 OSH 0961 000 0.250 128797070700750686 PerledC91092 0915 000 MO 074 07510712067 064000059 Peto Su 0858038503007505030609105820516042 Periods 000000002070 060100210205000 Period 090851070076 07050 So 0456 0430 0.300.35 Plo7 090307100101760070 053 050 0.000 0.54034029 Period 05230.053 090731 OET 02 05 04 05455 02569230 P09407706010055 0.9250000.3610026302284 Pele Piedi 006080407220900002670000135 ORCI 2010 000 Period Period Period Period 1 wid4 Prod Pad Period Pelet Pwed Put P11 Period Period Pwed Peldt Puled Period Period Future 51 6 in 1 th TIM Tour TOR TU TOTOO 1000 19 10 120 10201000 1061 102 1903 1962 1410 1 12 1400 103105110911125 1150 119 120 1331 180 140 1961 160 1.041 1021125 1170 1216 12821.16 1594 16991011 190 2014 106 114 1159 120 121 133 10 161 1742 158 2100 2200 220 1062 113 114 128 13 1419 1587171219 2195 2200 2906 TR120 13% TOP 154 171115422112502 20 3195 3503 101112 111 15 1161 2114 2.6 2.653327 375 1061191103195169 1993 20 27733252 42 5160 110 120 100 1017122906370 al 5234 1116 120115170105829200309 426 5111617 720 1.12 12081 180112012250 2738 3156481 111294180 1988 TO 2013 272032 263 52 1099 110 1919 15151722 1921 390737974302 528 79610 1200 1161 1946 1998 1001207231241254471092561154 1547 2011102112320496 67279001501329 1201641202.50633864230100351700000 134101207330 4X2 50 100017443 050 0515013371 IN 1602200320017102657900511264 712 CON 3513 NO 160 ZONEO 22000 1999 1950 1900000000 WZ55 OOOO OO 2500 OD 90 CP P080173 01001653002800202050.116 009 Perle 0700158061 OST 05 04 03 020 02201660 125000 Period 1505101000000002 0.100 100 1000004005 Pel 20 02 0554 00 0312 07.04005100% Periods 070 06100473 020733 0160000000000010 Pried STOL 1000 2000 2000 2000 2000 DO ZDOKO 200 25500 1000 Oslo L 2000 2001 2000 01.01.20069702250 Print Done Pont Done
