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1.A project that provides annual cash flows of $15,000 for 10 years costs $85,000 today. At what discount rate would you be indifferent between accepting

1.A project that provides annual cash flows of $15,000 for 10 years costs $85,000 today. At what discount rate would you be indifferent between accepting the project or rejecting it?What is the payback period of this project? If the company would like to recover the initial investment of this project within 5 years, should the company accept this project based on the payback period rule?

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