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Dumora Corporation is considering an investment project that will require an initial investment of $9,400 and will generate the following net cash inflows in each

image text in transcribed Dumora Corporation is considering an investment project that will require an initial investment of $9,400 and will generate the following net cash inflows in each of the five years of its useful life: Dumora's discount rate is 16%. Calculate payback period using undiscounted cash flows, and NPV

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