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The Coleman Coal Company is considering replacing some mining equipment. If the firm's cost of capital is 10%, what will be the expected Payback Period,

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The Coleman Coal Company is considering replacing some mining equipment. If the firm's cost of capital is 10%, what will be the expected Payback Period, Net Present Value (NPV), and Internal Rate of Return(IRR) of the project. Explain whether or not the project should be accepted using each of the evaluation methods. A financial analyst has developed the following cash flow estimates for the project: Year 0 1 2 3 4 5 Cash Flow ($300,000) $60,000 $65,000 $70,000 $75,000 $150,000

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