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A project has annual cash flows of 45,000, 36,800, 16,800 and 6,800. What is the payback period for this project in years? What is the

A project has annual cash flows of 45,000, 36,800, 16,800 and 6,800.

  1. What is the payback period for this project in years?

  2. What is the maximum discount rate that would result in a positive NPV?

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