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If you insulate your office for $14,000, you will save $1,400 a year in heating expenses. These savings will last forever. a. What is the

If you insulate your office for $14,000, you will save $1,400 a year in heating expenses. These savings will last forever.

a.What is the NPV of the investment when the cost of capital is 8%? 10%?

b.What is the IRR of the investment?(Enter your answer as a whole percent.)

c.What is the payback period on this investment? (in years)

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