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Justy your answer) capitol City Transfer Company is considering building a new If the company goes ahead with the project it will expend $1,892, 900

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Justy your answer) capitol City Transfer Company is considering building a new If the company goes ahead with the project it will expend $1,892, 900 today. It will then receive net cash flows of $0.5 million at the end of each year for the next 5 yearsand the company expects to sell the property for $1.0 million at the end of year 6. The company's cost of capital is 12 percent and the discounted payback benchmark is 3 terminal in Salt Lake. years. a.Should Capitol City build the terminal if discounted payback criterion is used? If modified IRR criterion is used? b. Discuss the three properties that determines the best method to use in capital budgeting decisions

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