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Problem 15 You have until 12:01 PM to complete this assignment. Intro You are evaluating an investment project costing $43,000 initially. The project will provide
Problem 15 You have until 12:01 PM to complete this assignment. Intro You are evaluating an investment project costing $43,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in the second year and $9,000 each year thereafter for 10 years. The maximum payback period for your company is 7 years. IB Attempt 1/3 for 10 pts. Part 1 What is the payback period for this project? 0+ decimals Submit Attempt 1/1 for 10 pts. Part 2 Should your company accept this project? No Yes Submit
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