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Payback Period, IRR, and Minimum Cash Flows The management of Mohawk Limited is currently evaluating the following investment proposal: (a) Determine the proposal's payback period.

image text in transcribed Payback Period, IRR, and Minimum Cash Flows The management of Mohawk Limited is currently evaluating the following investment proposal: (a) Determine the proposal's payback period. years (b) Determine the proposal's internal rate of return. (Refer to Appendix 24B if you use the table approach.) % $

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