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10-5 . . The Bear Co. is considering building a new factory to produce a baseball bats. This project would require an initial cash outlay

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10-5 . . The Bear Co. is considering building a new factory to produce a baseball bats. This project would require an initial cash outlay of $5 million and would generate annual cash inflows of $1 million per year for 8 years. Calculate the project's Discounted Payback Period given the following: . a. Required rate of return of 7%

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