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Question 1? 1 pts Carmen Electronics bought new machinery for $3.25 million. This is expected to result in additional cash flows of $1.1 million oyer

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Question 1? 1 pts Carmen Electronics bought new machinery for $3.25 million. This is expected to result in additional cash flows of $1.1 million oyer the next six years. The rm's cost of capital is 12 percent. What is the discounted payback period for this project? If the farm's acceptance period is ye years. will this project he accepted? [Do not round intermediate computations. Round your answer to one decimal place.) O 2.95 years: no (:3 2.95 years: yes ID none of these O 3.8? years: no (:3 3.8? years: yes

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