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Question 12 The Silverside Company is considering investing in the following project: Investment: $500,000 Useful life (years): 8 Estimated annual net cash inflows for useful

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Question 12 The Silverside Company is considering investing in the following project: Investment: $500,000 Useful life (years): 8 Estimated annual net cash inflows for useful life: $120,000 Residual value: $32,000 Required rate of return: 9% What is the payback period for Project 1? 4.17 years 3.29 years 8.55 years 15.63 years Question 13

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