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Innovason Company is thinking about maketing a new software product. Upfront costs to maist and develop twe produd are 3.99 milion. The product is nvecied

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Innovason Company is thinking about maketing a new software product. Upfront costs to maist and develop twe produd are 3.99 milion. The product is nvecied to generice profts of 51.13 million per year for ten years. The compery will have to provide product support expectod tob cost fM. 000 per yeer in perpetuly. Assums al protis and erpentes oceur at the end of the yeat. b. What is the IRR of this irvestment opporturity? c. What does the IRR rule indicale about this investment? a. What is the NPV of this investment it the coet of ceptal is 6.5% ? should the Grm undertabe the propect Repeat the shalgis for dacount raies of 1.3% and is aW. reseetiney If the cont of capter is 6.5%, the NIN will be 1 (Found to the rearest dollari)

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