GTO Incorporated is considering an investment costing $397,150 that results in net cash flows of...
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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
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