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I also really need help with these two questions, it would be super appreciated. Under it will ask payback period and how many years in
I also really need help with these two questions, it would be super appreciated. Under it will ask payback period and how many years in between.
Lenitnes Company is considering an Investment In technology to Improve its operations. The Investment will require an Initial outlay of $261,000 and will yield the following expected cash flows. Management requires Investments to have a payback period of 2 years, and It requires a 8% return on Its Investments. (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) from the table provided.) Period Cash Flow $123, 700 92, 900 70, 780 52, 600 47, 600 Required: 1. Determine the payback period for this Investment. 2. Determine the break-even time for this Investment. 3. Determine the net present value for this Investment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the net present value for this investment. Net present valueStep by Step Solution
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