Problem 22-02 An investment costs $20,132 and will generate cash flow of $4,000 annually for seven years. The firm's cost of capital is 14 percent. Use Appendix D to answer the questions. a. What is the investment's internal rate of return? Round your answer to the nearest whole number. _____% Based on the internal rate of return, should the firm make the investment? The investment -Select- mase.
b. What is the investment's net present value? Use a minus sign to enter a negative value, if any. Round your answer to the nearest dollar. $____. Based on the net present value, should the firm make the investment? The investment -Select- made. c. Do the net present value and the internal rate of return suggest the same courses of action? The net present value and the internal rate of return suggest -Select- courses of action. Dropdowns:
a:Based on the internal rate of return, should the firm make the investment?
The investment [should be, should not be]
bBased on the internal rate of return, should the firm make the investment?
The investment [should be, should not be]
cDo the net present value and the internal rate of return suggest the same courses of action?
The net present value and the internal rate of return suggest [the same, different] courses of action.