Your firm has the option of making an investment in new


Question: Your firm has the option of making an investment in new software that will cost $130,000 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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Finance Basics: Your firm has the option of making an investment in new
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