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Required information A potential investment has a cost of $410,000 and a useful life of 7 years. Annual cash sales from the investment are expected

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Required information A potential investment has a cost of $410,000 and a useful life of 7 years. Annual cash sales from the investment are expected to be $273,405 and annual cash operating expenses are expected to be $107705. The expected salvage value at the end of the investment's life is $45,000. The company has a before-tax discount rate of 18% Required: Calculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one cdecimal place (le. 055 - 5.5% ) Enter. hegative amounts with a minus sign)

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