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A project costs $5,000 and will generate annual cash flows of $660 for 20 years. a. What is the payback period? b. If the interest

A project costs $5,000 and will generate annual cash flows of $660 for 20 years.
a. What is the payback period?
b. If the interest rate is 6%, what is the discounted payback period?
c. What is the project NPV?
d. Should the project be accepted?

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