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An investment project requires a net investment of $100,000. The project is expected to generate annual net cash flows of $28,000 for the next 5
An investment project requires a net investment of $100,000. The project is expected to generate annual net cash flows of $28,000 for the next 5 years. The firm's cost of capital is 12%. Part 1 - Determine the payback period for the project. Part 2
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