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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $250,000 and will yield the
Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $250,000 and will yield the following expected cash flows. Management requires investments to have a payback period of three years, and it requires a 10% return on investments. Determine the payback period for this investment. (Round the answer to one decimal.) Determine the break-even time for this investment. (Round the answer to one decimal.) Determine the net present value for this investment. Should management invest in this project? Explain
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