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Silver line Company is planning to open factory in Al Ain. It will require an initial inwestment of AED 750,000 The company required rate of

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Silver line Company is planning to open factory in Al Ain. It will require an initial inwestment of AED 750,000 The company required rate of return is 15% & the expected payback period is 3 years. The expected cash flow for the next 4 years are as follows: Year 1 2. 3 Cash flow (S) 100,000 550,000 200,000 100,000 4 Required: Calculate Payback period and evaluate that company should accept or reject the project and why? You should copy (Corld and paste (Ctrl-v) the table given below into the answer space. You can then fill in the table with the required information from your work Year Cash Flow Cumulative Cash Flow 0 1 2 3 4

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