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5. A project requires an investment of $150,000. The project is expected to generate after-tax cash flows of $80,000 in year 1, 70,000 in year
5. A project requires an investment of $150,000. The project is expected to generate after-tax cash flows of $80,000 in year 1, 70,000 in year 2, and 50,000 in year 3. If the companys weighted average cost of capital is 8.7% per year, what are the projects net present value, profitability index, modified internal rate of return, and payback period?
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