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An investment is expected to produce the following annual year - end cash flows:Year 1 $ 5 , 0 0 0 Year 2 $ 1

An investment is expected to produce the following annual year-end cash flows:Year 1$ 5,000 Year 2 $ 1,000Year 3$ 0 Year 4 $ 5,000Year 5$ 6,000 year 6 $ 863.65The investment will cost $13,000 today.Required:a. Will this investment be profitable?b. What will be the IRR (compounded annually) on this investment?Note: Enter your answer as a percent rounded the nearest whole number.c. Show how much of each year's cash flow is recovery of the $13,000 investment and how much of the cash flow is return on investment.

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