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Question: Lamar Company is studying a project that would have an eight-year life and require a $ 2,400,000 investment in equipment. At the end of

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Question: Lamar Company is studying a project that would have an eight-year life and require a $ 2,400,000 investment in equipment. At the end of eight years, the project would terminate and the equipment would have no salvage value. The project would provide net operating income each year as follows: 10 Compute the net annual cash inflow from the project. 2. Compute the project's net present value. Is the project acceptable? 3. Find the project's internal rate of return to the nearest whole percent. 4. Compute the project's payback period. 5. Compute the project's simple rate of return

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