Question: Help with homework question please If you insulate your office for $24,000, you will save $2, 400 a year in heating expenses. These savings will
Help with homework question please
If you insulate your office for $24,000, you will save $2, 400 a year in heating expenses. These savings will last forever. a. What is the NPV of the investment when the cost of capital is 8%? 10%? (Leave no cells blank - be certain to enter "0" wherever required.) b. What is the IRR of the investment? (Enter your answer as a whole percent.) IRR % c. What is the payback period on this investment? Payback period years
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