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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $257,000 and will yield the

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Sentinel Company is considering an investment in technology to improve its operations. The investment will require an initial outlay of $257,000 and will yield the following expected cash flows. Management requires investments to have a payback period of 2 years, and it requires a 7% return on investments (PV of $1 FV of $1. P A of $1, and FVA of $1 (Use appropriate factors) from the table provided.) Period Cash Flow 1 47,300 52,900 76,200 95,000 125,600 4 Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment 3. Determine the net present value for this investment

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