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ter 25-Homework Summer 2017 (51139) Question 2 (of 6) value: 3.33 points QS 25-27 Capital budgeting methods LO P1, P3 invests 80,000,000 to build a

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ter 25-Homework Summer 2017 (51139) Question 2 (of 6) value: 3.33 points QS 25-27 Capital budgeting methods LO P1, P3 invests 80,000,000 to build a manufacturing plant to build wind turbines. The company predicts net cash flows of 16 000 000 per year for the next 8 years. Assume the company requires an 8% rate of return from its investments. (FV of $1. PV of $1. FVA of $1 and PVA of S1) (Use appropriate factor(s) from the tables provided.) (1) What is the payback period of this investment? Payback Period Choose Denominator: Annual net cash flow Choose Numerator: / Payback Period Cost ofinvestment | Payback penod O Type here to search

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