Question
Use the following information to answer the next three questions. Consider the following cash flows: Year Cash Flow 0 -$1,950,000 1 1,170,000 2 680,000 3
Use the following information to answer the next three questions. Consider the following cash flows:
| Year | Cash Flow |
| 0 | -$1,950,000 |
| 1 | 1,170,000 |
| 2 | 680,000 |
| 3 | 880,000 |
| 4 | 1,140,000 |
Assume a discount rate of 11.4 percent.
21.
What is the payback period? Round your answer to two decimal places.
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What is the payback period? Round your answer to two decimal places.
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21.
What is the payback period? Round your answer to two decimal places.
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21. What is the payback period? Round your answer to two decimals.
22. What is the net present value (NPV) rounded to the nearest dollar?
23. What is the internal rate of return?
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