1. Global Diagnostics is considering a capital expenditure that requires an initial investment of $65,000 and returns...

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1.Global Diagnostics is considering a capital expenditure that requires an initial investment of $65,000 and returns after-tax cash inflows of $12,000 per year for 10 years. The firm has a maximum acceptable payback period of 7 years. (10 points)

What is the payback period for this project?
Should the company accept the project? Explain

Posted Date: Jun 25, 2024 08:40 PM

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1. Global Diagnostics is considering a capital expenditure that requires an initial investment of $65,000 and returns...

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