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Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $ 1 3 , 2 5 7 , has predicted

Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $13,257, has predicted cash inflows of $3,000 per year for 18 years, and has no salvage value.
(a) Using a discount rate of 16 percent, determine the net present value of the investment proposal. (Round to the nearest whole number.)
Answer: $
(b) Determine the proposal's internal rate of return. Round answer to the nearest whole percentage (for example, 0.34555=35%).
Answer: %
(c) What discount rate would produce a net present value of zero? Round answer to the nearest whole percentage (for example, 0.34555=35%).
Answer: %

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