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Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $14,000, S14,000, $14,000, $13,000, and $17,000, respectively.

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Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $14,000, S14,000, $14,000, $13,000, and $17,000, respectively. The interest rate is 5%. Enter your answers rounded to 2 DECIMAL PLACES What is the discounted payback period? Number It 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? Number

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