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Calculate the payback period, Discounted payback period, NPV, IRR and the Modified IRR using the information below. Explain for each criterion, whether the project

Calculate the payback period, Discounted payback period, NPV, IRR and the Modified IRR using the information

Calculate the payback period, Discounted payback period, NPV, IRR and the Modified IRR using the information below. Explain for each criterion, whether the project should be accepted or not. The required rate of return is 16%. Note: The rate for investment cash flow is the same as the rate for financing cash flow. Year Cash Flow Reminder 0 -$95,000 1 $136,000 2 $105,000 3 -$147,000

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