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9. A project has an initial cost of $6,500,000. The cash inflows are $900,000, $2,200,000, $3,600,000, and $4,100,000 over the next four years, respectively. What

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9. A project has an initial cost of $6,500,000. The cash inflows are $900,000, $2,200,000, $3,600,000, and $4,100,000 over the next four years, respectively. What is the payback period? A. 1.73 years B. 2.51 years C. 2.94 years D. 3.51 years 10. Suppose a stock had an initial price of $80 per share, paid a dividend of $1.35 per share during the year, and had an ending share price of $87. What was the capital gains yield? A. 7.55% B. 7.69% C. 8.05% D. 8.75%

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