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if you use any financial calculator, please mention the button thst were used. thank you The Ziggy Trim and Cut Company can purchase equipment on
if you use any financial calculator, please mention the button thst were used. thank you
The Ziggy Trim and Cut Company can purchase equipment on sale for $4,300. The asset has a three-year life, will produce a cash flow of $1,200 in the first and second year, and $3,000 in the third year. The interest rate is 12%. Assume all cash flows occur at the end of the year. Calculate: a) Payback period b) Discounted payback period c) IRR (Optional) d) Profitability Index (PT) e) NPV Should this project be taken? Why or why not Step by Step Solution
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