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A project requires an initial investment of $600,000 and is expected to generate the following cash flows. Calculate the payback period, NPV at an 8%

  1. A project requires an initial investment of $600,000 and is expected to generate the following cash flows. Calculate the payback period, NPV at an 8% discount rate, and IRR.

Year

Cash Flow (USD)

1

140,000

2

150,000

3

160,000

4

170,000

5

180,000

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