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QUESTION 11 A project has the following expected cash flows: Year 0 Year 1 Year 2 Year 3 Year 4 ($3,910) $510 $860 $1,330 $1,120
QUESTION 11 A project has the following expected cash flows: Year 0 Year 1 Year 2 Year 3 Year 4 ($3,910) $510 $860 $1,330 $1,120 If the company's target payback is 3 years, based on the payback rule, should the project be accepted? 1. No 2. Yes 3. Cannot be determined
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