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Question 36 (2.5 points) Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that
Question 36 (2.5 points) Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment of $1,000. It will provide the cash inflows of $500 in year 1, $300 in year 2, $100 in year 3, and $20 each year hereafter. The required rate of return is 10% for this project. Suppose we have a 5-year payback cutoff. Based on the payback period rule, the payback period for this project is_years and we shouldthis project. A) 6; reject B) 8; accept C) 8; reject D) 6; accept
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