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please draw the timeline 1. Billy Bob Bornton would like to open a pizza parlor. Billy Bob has determined that his investment in the parlor
please draw the timeline
1. Billy Bob Bornton would like to open a pizza parlor. Billy Bob has determined that his investment in the parlor will cost $50,000. Furthermore, his expected cash inflows over the next three years are $10,000, $30,000, and $20,000, respectively. Billy Bob's cost of capital is 12%. Using the payback period, net present value, profitability index and internal rate of return criterion, determine the viability of the proposal Step by Step Solution
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