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Question Help Should the firm make this investment if it Your firm has the option of making an investment in new software that will cost
Question Help Should the firm make this investment if it Your firm has the option of making an investment in new software that will cost $249,064 today and is estimated to provide the savings shown in the following table over its 5-year life, requires a minimum annual return of 9% on all investments? The present value of the stream of savings estimates is $(). (Round to the nearest dollar.) Should the firm make this investment if it requires a minimum annual return of 9% on all investments? (Select the best answer below.) Yes x No Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Year 1 2 3 4 Savings estimate $68,000 $95,200 $88.400 $47,600 $27 200 5 ? Click to select your answer(s) Print Done Show Work 02:02 . 107/2021
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