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

rate of return methods $[$LO$12-4]$

The Hudson Corporation makes an investment of $$28,050$ that

provides the following cash flow:

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 $4$ 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