Question: Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $9,350, has predicted cash inflows of $2,000 per year for

Apache Junction Company is evaluating a capital expenditure proposal that requires an initial investment of $9,350, has predicted cash inflows of $2,000 per year for 15 years, and has no salvage value. (a) Using a discount rate of 14 percent, determine the net present value of the investment proposal. (Round to the nearest whole number.) $ Answer (b) Determine the proposal's internal rate of return. Answer % (c) What discount rate would produce a net present value of zero? Answer %

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