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An investment is expected to produce the following annual year-end cash flows: The investment will cost $14,000 today. Required: a. Will this investment be profitable?

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An investment is expected to produce the following annual year-end cash flows: The investment will cost $14,000 today. Required: a. Will this investment be profitable? b. What will be the IRR (compounded annually) on this investment? c. Show how much of each year's cash flow is recovery of the $14,000 investment and how much of the cash flow is return on investment. (Hint: See Exhibit 313 and Concept Box 3.2.) Complete this question by entering your answers in the tabs below. What will be the IRR (compounded annually) on this investment

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