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T) A marketing training course will cost $10,000. t is estimated that this willincrease profits after 2 years by $3000, by $5000 after 3 years,

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T) A marketing training course will cost $10,000. t is estimated that this willincrease profits after 2 years by $3000, by $5000 after 3 years, by $4000 after 4 years, and by $3000 after 5 years. Assume a discount rate of 9.5%. Net present value is Internal rate of return is (4 significant digits xxxx%) Show your work 10 12 8) A company has an opportunity to undertake an improvement in their customer tracking system. The new system will cost $24,000, all due at installation. The sales department has determined that this will not result in any return in the first or second year, but will result in returns of $10,000 in the 3rd, 4th, 5th and 6th year. Returns are not counted beyond this since the value of the system is uncertain at this point. Assume the discount rate for the company is 8% annually 13 141 Net present value is Internal rate of return is (4 significant digits. xx.xx%) 16 17 18 Show your work 19 20 21

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