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Intro You are evaluating an investment project costing $37,000 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 $37,000 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 9 years. Part 1 | Attempt 1/1 for 10 pts. What is the payback period for this project? 0+ decimals Submit | Attempt 1/1 for 10 pts. Part 2 Should your company accept this project? No Yes
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