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Required information Use the following information for the Quick Study below The following information applies to the questions displayed below. A company is investing in

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Required information Use the following information for the Quick Study below The following information applies to the questions displayed below. A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $125,374.60 today. The system is expected to generate net cash flows of $13,000 per year for the next 35 years. The investment has zero salvage value. QS 24-16 Internal rate of return LO P4 Compute the internal rate of return on this investment. (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Amount Invested Annual Net Cash FlowPresent Value Factor Find this factor on the appropriate table to estimate the Internal Rate of 25 37460 t S 13,000 9.6442 rn Internal Rate of Return

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