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13. The Golden Goose is considering a peoject with an initial cost of $46,700. The project will produce cash inflows of $10,000 a year for

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13. The Golden Goose is considering a peoject with an initial cost of $46,700. The project will produce cash inflows of $10,000 a year for the fint two years and $12,000 a year for the following three years. The benchmark payback period is 4.5 years. Should the Golden Goose aceept the project? The Golden Goose uses only the paybsck period method when it makes capital budgeting decisions. Show all your work. (7 points) 14. Klott Company encounters significant uncertainty with its sales volume and price in its primary product. The firm uses scenario analysis in order to determine an expected NPV, which it then uses in its budget. The base case, best case, and worse case scenarios and probabilities are provided in the tahla halsw. What is Klott's exnected value of NPV? (7 points)

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