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Intro You are evaluating an investment project costing $27,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in
Intro You are evaluating an investment project costing $27,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in the second year and $5,000 each year thereafter for 10 years. The maximum payback period for your company is 7 years. Part 1 What is the payback period for this project? 0+ decimals Submit Part 2 Should your company accept this project? O No Yes Submit Attempt 2/10 for 1 pts. Attempt 1/5 for 1 pts
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