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The investment will cost $14,000 today. Required: a. Will this investment be profitable? b. What will be the IRR (compounded annually) on this investment? c.
The investment will cost $14,000 today. Required: a. Will this investment be profitable? b. What will be the IRR (compounded annually) on this investment? c. Show how much of each year's cash flow is recovery of the $14,000 investment and how much of the cash flow is return on investment. (Hint: See Exhibit 3-13 and Concept Box 3.2.) Complete this question by entering your answers in the tabs below. Show how much of each year's cash flow is recovery of the $14,000 investment and how much of the cash flow is return on Investment. (Hint: See Exhibit 3-13 and Concept Box 3.2.) Note: Do not round intermediate calculations and round your final answers to 2 decimal places
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