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Seabreeze Clinic is evaluating a project that costs $148,000 and has expected net cash inflows of $45,000 per year for six years. (Round answers to
Seabreeze Clinic is evaluating a project that costs $148,000 and has expected | ||||||||
net cash inflows of $45,000 per year for six years. (Round answers to 2 decimal places.) | ||||||||
The cost of capital is 10%. | ||||||||
a. | What is the project's payback? | |||||||
b. | What is the project's NPV? | |||||||
c. | What is the project's IRR? | |||||||
d. | Should the clinic adopt the project? Explain why or why not. |
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