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Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $262,000 and will yield the

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Lenitnes Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $262,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 4 years, and it requires a 10% return on its investments. (PV of \$1. EV of \$1. PVA of S1, and FVA of \$1) (Use appropriate factor(s) from the table provided.) Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment. 3. Determine the net present value for this investment. Complete this question by entering your answers in the tabs below. Determine the payback period for this investment. (Round your Payback Period answer to 1 decimal place. Enter cash outflows with a minus sign.) Determine the payback period for this investment. (Round your Payback. Period answer to 1 decimal place. Enter cash outflows with a minus sign.) Determine the break-even time for this investment. (Round your Payback. Period answer to 1 decimal place. Enter cash outflows with a minus sign.) Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment. 3. Determine the net present value for this investment. Complete this question by entering your answers in the tabs below. Determine the net present value for this investment

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