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EN - USEdward's Custom Manufacturing Company is considering three new projects. Each one requires an equipment investment of $ 2 8 , 9 0 0
ENUSEdward's Custom Manufacturing Company is considering three new projects. Each one requires an equipment investment of $ will last for three years, and will produce the following net annual cash flows: Year AA BB CC $ $ $ Total $ $ $ The equipment's salvage value is zero, and Edward uses straightline depreciation. Edward will not accept any project with a payback period longer than two and a half years. Edward's required rate of return is Calculate the net present value of each project. If the answer is negative, use either a negative sign preceding the number eg or parentheses eg For calculation purposes, use decimal places. calculate payback period for AA BB CC
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