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11B. If you install a new air conditioner in your office for $100,000, you will save $20,000 a year in cooling expenses in perpetuity. What

11B. If you install a new air conditioner in your office for $100,000, you will save $20,000 a year in cooling expenses in perpetuity. What is the NPV of the investment when the cost of capital is 8%? NPV = $ ... What is the IRR of the investment? IRR = %

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