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Consider an investment that costs $7,000 and has a cash inflow of $1,600 every year for 5 years. The required return is 4%, and the

Consider an investment that costs $7,000 and has a cash inflow of $1,600 every year for 5 years. The required return is 4%, and the required payback is 2 years.

What is the NPV? Enter your response rounded to two decimal places.

What is the IRR? Enter your response rounded to two decimal places.

What is the PI? Enter your response rounded to two decimal places.

What is the payback period?

The primary decision criteria should be NVP or payback period?

You should accept or reject the project?

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