Exercise 24-15 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing...

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Exercise 24-15 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $397,150 that results in net cash flows of $50,000 annually for 12 years. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) (a) What is the Internal rate of return of this Investment? (b) The hurdle rate is 9.0%. Should the company Invest in this project on the basis of Internal rate of return? a. Internal rate of return b. Should the company invest in this project on the basis of internal rate of return? % Exercise 24-15 (Algo) Internal rate of return LO P4 GTO Incorporated is considering an investment costing $397,150 that results in net cash flows of $50,000 annually for 12 years. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) (a) What is the Internal rate of return of this Investment? (b) The hurdle rate is 9.0%. Should the company Invest in this project on the basis of Internal rate of return? a. Internal rate of return b. Should the company invest in this project on the basis of internal rate of return? %