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PT Santosa, a local trading company,is considering a four-year project that has an initial outlay or cost of $80,000. The respectivefuture cash inflows for years

PT Santosa, a local trading company,is considering a four-year project that has an initial outlay or cost of $80,000. The respectivefuture cash inflows for years 1, 2, 3 and 4 are: $40,000, $40,000, $30,000 and $30,000. PT Santosa uses the discounted payback period method and has a discount rate of 12%. Will PT Santosa accept the project if it's payback period is two and one-half years?

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