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A proposed new venture will cost $105,000 and should produce annual cash flows of $48,000, $45,000, $40,000, $30,000 and $40,000 for Years 1 to 5,
A proposed new venture will cost $105,000 and should produce annual cash flows of $48,000, $45,000, $40,000, $30,000 and $40,000 for Years 1 to 5, respectively. The discount rate is 15%. Please work out NPV, PI, payback period and discounted payback period.
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