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Q3. A $15,000 investment project is to be made with anticipated annual returns as shown below. The investor's time value of money is 8% per

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Q3. A $15,000 investment project is to be made with anticipated annual returns as shown below. The investor's time value of money is 8% per year. (a) Calculate the payback period and present value of the project. (10%) (b) What is the Accounting Rate of Return of the project? (5\%) (c) Find the profitability Index of the project? (5%)

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