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A project requires an initial investment (today) of $30,000 and would give returns of $14,000, $12,000, $6,000, $4,000 and $2,000 at the end of each
A project requires an initial investment (today) of $30,000 and would give returns of $14,000, $12,000, $6,000, $4,000 and $2,000 at the end of each year for 5 years. Find (a) Internal rates of return. (b) The net present value with a rate of 10%. (c) The payback period. (d) The modified payback period with a rate of 10%.
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Note: Please answer in detail showing every step, thank you. ( And please do not copy previous chegg answers)
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