This preview has intentionally blurred sections. Sign up to view the full version.
View Full Document
Unformatted text preview: Annuity amount 22,000 Outlay Ã· annuity amount = PV of annuity factor 6.4624 Internal rate of return 13% Should the investment be undertaken if the required rate of return is 16 percent? Yes Click here if you would like to Show Work for this question AE99 No . The investment should not be undertaken because the internal rate of return of 13% is less than the required rate of 16%....
View
Full Document
 Spring '11
 Hodgson,K
 Time Value Of Money, Future Value, Net Present Value, internal rate

Click to edit the document details