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Oriole Corporation is reviewing an investment proposal. The initial cost is $105,400. Estimates of the book value of the investment at the end of each

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Oriole Corporation is reviewing an investment proposal. The initial cost is $105,400. Estimates of the book value of the investment at the end of each year, the net cash flows for each year, and the net income for each. cash flows are assumed to take place at the end of the year. The salvage value of the irvestment at the end of each year is assumed to equal its book value. There would be no salvage value at the end of the irvestment's life. Oriole Corporation uses an 11% target rate of return for new investment proposals. What is the cash payback period for this proposal? (Round answer to 2 decimal places, es. 10.50) Cash payback period years (b) What is the annual rate of return for the imvestment? (Round answer to 2 decimal ploces, es. 10.50% ) Annual rate of return for the investment \% (c) What is the net present value of the imvestment? of the net present value is negotive, use either a negotive sign preceding the number es -45 or parentheses es (45). Round answer to 0 decimal places, es. 125. For calculation purposes, use 5 decimal ploces as displayed in the factor toble provided.) Net present value $

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