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The Let'sMake$$ Company wants to get their money back ASAP on a project. a) (5 pts) If the company's cost of capital is 10%, what

The Let'sMake$$ Company wants to get their money back ASAP on a project. a) (5 pts) If the company's cost of capital is 10%, what is the discounted payback period on the following project: Estimated cash flows: Time 0 (Today) -$24,000 Year 1 $14,000 Year 2 $13,000 Year 3 $15,000 a) (5 pts) If the maximum allowable discounted payback is 1.5 years, should the company accept the project? SHOW ALL WORK FOR FULL CREDIT. b) (4 pts) Why is the discounted payback period method an improvement over the payback period method

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