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Pecan Inc. is considering the purchase of new equipment that will automate production and thus reduce labor costs. Pecan made the following estimates related to

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Pecan Inc. is considering the purchase of new equipment that will automate production and thus reduce labor costs. Pecan made the following estimates related to the new machinery: (Click the icon to view the information.) Read the requirements. Requirement 1. Calculate (a) net present value, (b) payback period, (c) discounted payback period, and (d) internal rate of return. a. Net present value. (Round intermediary calculations to the nearest whole dollar. Use factors to three decimal places, X.XXX, and use a minus sign or parentheses for a negative net pres whole dollar.) The net present value is Data table Requiremer 1. Calculate (a) ne payback period 2. Compare and c Assume depreciation is calculated on a straight-line basis for tax purposes. Assume all cash flows occur at year-end except for initial investment amounts

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