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Please help Nubela Manufacturing is considering two altemative investment proposals with the following data: Proposal X Proposal Y Investment $10,000,000 $570,000 Useful life 5 years

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Nubela Manufacturing is considering two altemative investment proposals with the following data: Proposal X Proposal Y Investment $10,000,000 $570,000 Useful life 5 years 5 years Estimated annual net cash inflows for 5 years $2,000,000 $100,000 Residual value $58,000 $23,000 Depreciation method Straight-line Straight-line Required rate of return 14% 12% Calculate the payback period for Proposal X. O A. 9 years OB. 4 years O c. 7 years OD. 5 years 15 years The following details are provided by a manufacturing company: Product line Investment $1,000,000 Useful life Estimated annual net cash inflows for first year $460,000 Estimated annual net cash inflows for second year $380,000 Estimated annual net cash inflows for next ten years $250,000 Residual value $90,000 Depreciation method Straight-line Required rate of retum 12% Calculate the payback period for the investment. (Round your answer to two decimal places.) O A 2.64 years B. 5.81 years C. 2.17 years D. 5.25 years

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