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Claribel Nose Hair Inc. is brooding going forward with a venture that would have a...

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Accounting

Claribel Nose Hair Inc. is brooding going forward with a venture that would have a 12-year life and would require a $2,300,000 investment in equipment. At the end of 12 years, the project would terminate, and the equipment would have no salvage value. For each of the 12 years, the project would provide sales of $2,400,000, incur variable expenses of 68% of sales, fixed out-of-pocket expenses of $230,000, and depreciation using the straight-line method. All of the revenues and expenses, except for depreciation, represent cash flows. The company's required rate of return is 13%. Required: (The answers provided were rounded in the final step. If you use tables, you may be off due to rounding, so show your work and choose the value closest to your own work.)

Compute the project's net present value.

Compute the project's internal rate of return.

Compute the project's payback period.

Compute the project's simple rate of return.

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