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1. Payback period. Jordan Enterprises is considering a capital expenditure that requires an initial investment of $42,000 and returns after-tax credit inflows of $7,000 per

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1. Payback period. Jordan Enterprises is considering a capital expenditure that requires an initial investment of $42,000 and returns after-tax credit inflows of $7,000 per year for 10 years. The firm has a maximum acceptable payback period of 8 years. (3 puntos) a. Determine the payback period for this project. b. Should the company accept the project? Why or why not? 1. Payback period. Jordan Enterprises is considering a capital expenditure that requires an initial investment of $42,000 and returns after-tax credit inflows of $7,000 per year for 10 years. The firm has a maximum acceptable payback period of 8 years. (3 puntos) a. Determine the payback period for this project. b. Should the company accept the project? Why or why not

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