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Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this
Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is percent, and that the maximum allowable payback and discounted payback statistics for the project are and years, respectively.
Time:
Cash flow: $ $ $ $ $ $ $
Use the payback decision rule to evaluate this project.
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