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Innovation Company is thinking about marketing a new software product. Upfront costs to market and develop the product are 54.96 million. The product is expected

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Innovation Company is thinking about marketing a new software product. Upfront costs to market and develop the product are 54.96 million. The product is expected to generate profits of $1.01 milion per year for 10 years. The company will have to provide product support expected to cost $98,000 per year in perpetuity Assume a profits and expenses occur at the end of the you. What is the NPV of this investment if the cost of capital is 5.747 Should the firm undertake the project? Repeat the analysis for discount rates of 20% and 12.1%, respectively b. What is the IRR of this investment opportunity c. What does the IRR rule indicate about this investment? a. What is the NPV of this investment if the cost of capital is 5.7%? Should the firm undertake the project? Repeat the analysis for discount rates of 2.0% and 121% respectively If the cost of capital is 5.7%, the NPV will be $ (Round to the nearest dolar)

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