Problem $12-17($Algo$)$ Net present value and internal rate of return

methods $[$LO$12-4]$

The Hudson Corporation makes an investment of $$65,240$ that provides the following

cash flow:

Use $A_p{?}_{n}di{x}_{?}$ B and $A_p{?}_{?}$ pendix 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.

Internal rate of return

c$.$ Would you make the same decision under both parts a and b$?$

Yes

No