Net present value at a discount rate

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Reference no: EM133067850

The Hudson Corporation makes an investment of $44,400 that provides the following cash flow:

Year Cash Flow

1 $24,000

2 24,000

3 12,000

a. What is the net present value at a discount rate of 12 percent? (Do not round intermediate calculations and round your answer to 2 decimal places.)

b. What is the internal rate of return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Reference no: EM133067850

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