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Optilux is considering investing in an automated manufacturing system. The system requires an initial investment of $6.0 million, has a 20-year life and will have

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Optilux is considering investing in an automated manufacturing system. The system requires an initial investment of $6.0 million, has a 20-year life and will have zero salvage value. If the system is implemented the company will save $800,000 per year in direct labor costs. The company requires a 10% return from its investments 1. Compute the proposed investment's net present value 2. Using your answer from partes the investment's internal rate of return higher or lower than 10%? Complete this question by entering your answers in the tabs below. Requued Reguud 2 Compute the proposed investment's not present value Required 2 > This is a numeric cell, so please enter numbers only

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