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Compute the payback period for a project with the following cash flows. The company's discount rate is 12%, the tax rate is 40%, and coffee

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Compute the payback period for a project with the following cash flows. The company's discount rate is 12%, the tax rate is 40%, and coffee sells for $22/1b. Initial outlay = $400 Free Cash flows: Year 1 = 300; Year 2 = $90; Year 3 = $100 Round to the second decimal place. Type only numbers without any unit ($,%, etc.) Initial Outlay $50 million Year 1 $10 million Year 2 $20 million Year 3 $20 million Year 4 $10 million Year 5 $5 million The required rate of return is 15%. What is the NPV of the project? Round to the near hundredth million. Do not include any unit such as $,%, etc. (i.e. if your answer were -51.23 million, type in-1.23 as your answer without S and million) If there are multiple answers, then type NA

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