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please help with all Question 43 of 43 Current Attempt in Progress Waterway Corporation is reviewing an investment proposal. The initial cost is $103,700. Estimates

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Question 43 of 43 Current Attempt in Progress Waterway Corporation is reviewing an investment proposal. The initial cost is $103,700. 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 year are presented in the schede below. All cash flows are assumed to take place at the end of the year. The salvage value of the investment at the end of each yeam assumed to equal its book value. There would be no salvage value at the end of the investment's life. Annual Cash Flows Annual Net Income Year Book Value 1 $70,500 $45.200 $12,000 2 43,000 40,500 13,000 3 21.900 36,000 14.900 4 7,400 30,400 15.900 5 0 24.190 16,790 Waterway Corporation uses an 11% target rate of return for new investment proposals. Click here to view PV table (a) Question 43 of 43 What is the cash payback period for this proposal? (Round answer to 2 decimal places, e.g. 10.50.) years Cash payback period (b) What is the annual rate of return for the investment? (Round answer to 2 decimal places, eg. 10.50%) % Annual rate of return for the investment (c) What is the net present value of the investment? (if the net present value is negative, use either a negative sign preceding the number e.g. -45 or parentheses eg (45). Round answer to decimal places, eg. 125. For calculation purposes, use 5 decimal places as displayed in the factor table provided.) $ Net present value Attempts: 0 of 1 used Submit Answer Sorter

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