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A project has annual cash flows of 45,000, 35,000, 15,000 and 5,000. a) What is the payback period for this project? b) If future cash

A project has annual cash flows of 45,000, 35,000, 15,000 and 5,000. a) What is the payback period for this project? b) If future cash flows are discounted (i.e. you apply the discounted payback period method), what is the maximum discount rate that would result in a positive NPV?

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