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Your firm has the option of making an investment in new software that will cost $150.171 today and is estimated to provide the savings shown
Your firm has the option of making an investment in new software that will cost $150.171 today and is estimated to provide the savings shown in the following table over its 5-year life.. Should the firm make this investment if it 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.)
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