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7. The NPV and payback period What information does the payback period provide? Suppose Acme Manufacturing Corporation's CFO is evaluating a project with the following
7. The NPV and payback period What information does the payback period provide? Suppose Acme Manufacturing Corporation's CFO is evaluating a project with the following cash inflows. She does not know the project's initial cost; however, she does know that the project's regular payback period is 2.5 years. If the project's weighted average cost of capital (WACC) is 9%, what is its NPV? $370,868$322,494$354,743$338,619
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