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Consider a project that has an initial outlay of $1,200. The firm's cost of capital is 10%. The expected cash flows are: Year 1 =

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Consider a project that has an initial outlay of $1,200. The firm's cost of capital is 10%. The expected cash flows are: Year 1 = $550 Year 2 + $560 Year 3 = $570 What is the net present value and payback period for the project? CA $191,06; 2.16 years .$480.00; 2.18 years c5391.06; 1 80 years D. $200.15;2.14 years

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