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please help i rate well and super fast! and please round answer to the nearest dollar thanks . Weston Help Innovation Company is thinking about

image text in transcribed please help i rate well and super fast! and please round answer to the nearest dollar
thanks .
Weston Help Innovation Company is thinking about marketing a new software product. Upfront costs to market and develop the product are $4.96 milion The product is expected to generate profits of 1.13 million per year for ten years. The company will have to provide product support expected to cost $98,000 per year in perpetuity. Assume al profits and expenses occur at the end of the year a. What is the NPV of this investment in the cost of capital is 61% Should the firm undertake the project? Repeat the analysis for discount rates of 1.4% and 15 8%, respectively b. What is the IRR of this investment opportunity c. What does the IRR rule indicate about this investment? your work

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