Question: With Equations please !! - A company is considering the introduction of a new product at a projected investment cost of $1,175,000 - The new

With Equations please !! - A company is considering the introduction ofWith Equations please !!

- A company is considering the introduction of a new product at a projected investment cost of $1,175,000 - The new product is expected to generate annual revenue of $925,000 and expense of $385,000. - The new product has a estimated life of 3 years and the investment will be depreciated using the straight-line depreciation method. At the end of 3 years the investment will have no value. - The marginal tax rate is 21%. - The required return is 13.7% and the business targets a 3 year payback period. - Perform an investment analysis of the new product and calculate its NPV, IRR and Payback Period

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