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ID: Session: Name: In-Class Quiz 20 (Chapter 10 - part 1) 1. Based on Textbook page 506, answer P10-3. 2. Given the information in Table

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ID: Session: Name: In-Class Quiz 20 (Chapter 10 - part 1) 1. Based on Textbook page 506, answer P10-3. 2. Given the information in Table above, $25,000 Operating Cash Inflows $10,000 $50,000 $10,000 $10,000 $60,000 -$100,000 (Initial outlay) Given the information In Table above, (a) compute the payback period. If the expected payback period is 6 years, should the project be accepted? (b)compute the net present value using 15 percent cost of capital. Should the project be accepted? Answers

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