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QUESTION 3 Alicia is considering an investment project. She estimates that the initial investment requirement is $9,000. The project is expected to produce net cash

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QUESTION 3 Alicia is considering an investment project. She estimates that the initial investment requirement is $9,000. The project is expected to produce net cash inflows of S1,800, $2,700, $3.200, and $3.400 over the next four years, respectively. Should Alicia invest in this project if she assigns a three-year payback period to this project? Why or why not? No; The payback period is 2.93 years Yes; The payback period is 2.93 years No; The payback period is 3.38 years Yes; The payback period is 3.38 years

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