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2 Deskjet is a manufacturing company that is planning an expansion of its operations. They plan on opening a new manufacturing unit that is supposed

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2 Deskjet is a manufacturing company that is planning an expansion of its operations. They plan on opening a new manufacturing unit that is supposed the have the following costs and cash flows. The firm requires a minimum rate of return on their investment of 8%. Estimate the discounted paybvack period, The cash flows of the project is given below. of Years Project Cash Flows ($40,000) 0 1 $25,000 2 $7,000 3 $9,000 4 $6,500 5 $7,000 Select one: a. 3.78 b. 3.48 e c. 2.82 d. 2.88

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