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Consider a project that has an initial outlay of $1,000. The firms cost of capital is 10%. The expected cash flows are: Year 1 =
Consider a project that has an initial outlay of $1,000. The firms cost of capital is 10%. The expected cash flows are: Year 1 = $450 Year 2 = $460 Year 3 = $470
What is the net present value and payback period for the project? $166.51; 2.60 years $173.26; 3.19 years $151.59; 3.80 years $142.37; 2.19 years
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