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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%....
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This note was uploaded on 06/21/2011 for the course MANAGERIAL MT425 taught by Professor Hodgson,k during the Spring '11 term at Kaplan University.
 Spring '11
 Hodgson,K

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