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1. Your job is to evaluate to evaluate projects for you company and determine if they should be accepted or rejected. The information you have
1. Your job is to evaluate to evaluate projects for you company and determine if they should be accepted or rejected. The information you have from your manager (Mr. Reinhardt) is as follows: Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 $(280,000) $120,000 $(186,000) $125,000 $156,000 $141,500 $157,000 Should this project be accepted or rejected? Hint: you should use every technique you learned out in the chapter because Mr. Reinhardt wants to see very detailed information out the accept/reject decision. The maximum acceptable payback period is 3 years and the required return is 10%. (50 points)
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