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Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $18,000, $16,000, $20,000, $15,000, and $15,000, respectively.

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Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $18,000, $16,000, $20,000, $15,000, and $15,000, respectively. The interest rate is 9%. 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 3 years, will the project be accepted? Yes What is the NPV of the project? Number

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