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For the following project compute the Payback Period, Discounted Payback Period, Net Present Value, Profitability Index, Internal Rate of Return and the Modified Internal Rate

For the following project compute the Payback Period, Discounted Payback Period, Net Present Value, Profitability Index, Internal Rate of Return and the Modified Internal Rate of Return. The appropriate discount rate is 11%.

Year Cash Flow 0 -$11,000 1 $5,000 2 $3,000 3 $8,000

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