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initial investment is 1 , 3 5 0 , 0 0 0 , annual net cash flows is 2 2 5 , 0 0 0

initial investment is 1,350,000, annual net cash flows is 225,000, annual net income is 135000, average book value is 675000, cost of capital is 6% and project life is 15 years. find NPV, payback period, IRR and average rate of return and cash flows from year 1 through 15.

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