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allen corp. is evaluating expansion into a new market. the firm estimates an after tax cost of 1,000,000 and forecast that such an investment will
allen corp. is evaluating expansion into a new market. the firm estimates an after tax cost of 1,000,000 and forecast that such an investment will yield after-tax cash flows for 5 years: 700,000 in year 1, 700,000 in year 2, 700,000 in year 3, 200,000 in year 4, and 500,000 in year 5. if the CFO has ser a required payback period of 2.6 years, what ia the projects actual payback period (in years) and should they pursue it?
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