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9-17 Compute the traditional payback period (PB) and the discounted payback period (DPB) for a project that costs $329,000 if it is expected to generate

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9-17 Compute the traditional payback period (PB) and the discounted payback period (DPB) for a project that costs $329,000 if it is expected to generate $94,000 per year for five years? The firm's required rate of return is 12.5 percent? Should the project be purchased? (LO 9-5)

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