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Kroger Company is considering opening a new location with an initial cost of $270,0000. This location is expected to generate cash flows of $56,000, $67,000,

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Kroger Company is considering opening a new location with an initial cost of $270,0000. This location is expected to generate cash flows of $56,000, $67,000, $83,000, $98,000, and $112,000 in Years 1 to 5. What is the payback period? 2.67 years 3.01 years 3.42 years 3.65 years 3.94 years QUESTION 6 A project costs $61,000 to initiate. It is expected to provide cash flows of $29,000 in Year 1 and $53,000 in Year 2. In Year 3, it will cost the firm $11,000 to end the project. The WACC is 13.5%. What is the modified IRR? 12.96% 12.73% 12.48% 12.24% 11.97%

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