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3. Evaluate the project in the preceding problem using the payback period method and a 2.5-year cutoff period. 4. What are the expected return and
3. Evaluate the project in the preceding problem using the payback period method and a 2.5-year cutoff period. 4. What are the expected return and standard deviation of the estimated returns below? (10) 5. Gamble: What is the coefficient-of-variation of the returns in the preceding problem? (5 or 5)
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