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Suppose a company had an initial investment of $ 4 0 , 0 0 0 . The cash flow for the next five years are

Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $14,000, $20,000, $19,000, $14,000, and $15,000, respectively. The interest rate is 10%. Enter your answers rounded to 2 DECIMAL PLACES.
What is the discounted payback period?
2.75
If the firm accepts projects with discounted payback periods of less than 3 years, will the project be accepted?
Yes No
What is the NPV of the project?

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