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LakeCraft is considering investing in a transport ship with an expected life of 10 years that costs $140 million and will produce net cash flows
LakeCraft is considering investing in a transport ship with an expected life of 10 years that costs $140 million and will produce net cash flows of $15 million per year. LakeCraft's cost of capital is 9%. What is the payback period? Net Present Value of the project?
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