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5. A project has the following total (or net) cash flows. The required rate of return on the project is 12 percent. The initial investment

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5. A project has the following total (or net) cash flows. The required rate of return on the project is 12 percent. The initial investment (or initial cost or initial outlay) of the project is $200,000. a) Find the (regular) payback period of the project. b) Compute the discounted payback period of the project

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