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Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $14,000, $17,000, $15,000, $15,000, and $14,000, respectively.

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Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $14,000, $17,000, $15,000, $15,000, and $14,000, respectively. The interest rate is 7%. Enter your answers rounded to 2 DECIMAL PLACES. What is the discounted payback period? Number If the firm accepts projects with discounted payback periods of less than 4 years, will the project be accepted? Yes No What is the NPV of the project? Number

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