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If you insulate your office, you will save $1,100 a year in heating expenses. These savings will last forever. a.What is the NPV of the

If you insulate your office, you will save $1,100 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%? How about 10%?

b.What is the IRR of the investment?

c.What is the payback period on this investment?

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