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! Question Help Payback period The Bal Shoe Company is considering an investment project that requires an initial investment of $540,000 and returns after-tax cash

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! Question Help Payback period The Bal Shoe Company is considering an investment project that requires an initial investment of $540,000 and returns after-tax cash inflows of $98,880 per a. Determine the payback period for this project b. Should the company accept the project? a. The payback period for this project is years. (Round to two decimal places) b. Should the company accept the project? (Select the best answer below) Click to select your answers) 4/30/2020 hp

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