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Unformatted text preview: Annuity amount 22,000 Outlay 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 AE9-9 No . The investment should not be undertaken because the internal rate of return of 13% is less than the required rate of 16%....
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- Spring '11