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Intro A new bottling machine will cost $21,000 initially. The machine will produce after- tax cash flows of $4,000 in the first year and
Intro A new bottling machine will cost $21,000 initially. The machine will produce after- tax cash flows of $4,000 in the first year and $7,000 each year thereafter for 4 years. Your company's cost of capital is 4%. Part 1 What is the payback period for this project? 2+ decimals Submit B Attempt 1/10 for 10 pts. Part 2 What is the discounted payback period for this project? B Attempt 1/10 for 10 pts.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
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