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A new technology project requires an initial outlay of $500,000 and is expected to generate annual net cash inflows of $85,000 over 7 years. Compute
A new technology project requires an initial outlay of $500,000 and is expected to generate annual net cash inflows of $85,000 over 7 years. Compute the following:
1.Payback period.
2.NPV using a discount rate of 11%.
3.IRR.
4.Evaluate the project's financial feasibility.
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