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A potential investment has a cost of $ 3 8 0 , 0 0 0 and a useful life of 6 years. Annual cash sales

A potential investment has a cost of $380,000 and a useful life of 6 years. Annual cash sales from the investment are expected to be $273,405 and annual cash operating expenses are expected to be $107,705. The expected salvage value at the end of the investment's life is $40,000. The company has a before-tax discount rate of 16%.
Required:
Calculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e..055=5.5%). Enter negative amounts with a minus sign.)
Annual PMT of the investment $
FV of the investment $
NPV of the investment $
IRR of the investment
%

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