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If you insulate your office for $20,000, you will save $2,000 a year in heating expenses. These savings will last forever. a. What is the

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If you insulate your office for $20,000, you will save $2,000 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%? NPV Cost of Capital 8% 10% b. What is the IRR of the investment? (Enter your answer as a whole percent.) IRR % c. What is the payback period on this investment? Payback period years

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