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Suppose a company had an initial investment of $45.000 The cash flow for the next five years are $19,000, $15,000 $18,000, $15,000 and $13.000 espectively.

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Suppose a company had an initial investment of $45.000 The cash flow for the next five years are $19,000, $15,000 $18,000, $15,000 and $13.000 espectively. The interest rate is 10%. Enter your answer rounded to 2 DECIMAL PLACES What is the discounted payback period? Number the firm requires a discounted payback periods 3 years or less, will the project be accepted? No Yes

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