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VWX Corp. is evaluating a project that costs $300,000. The project is expected to generate the following cash inflows: $80,000 in year 1, $90,000 in

VWX Corp. is evaluating a project that costs $300,000. The project is expected to generate the following cash inflows: $80,000 in year 1, $90,000 in year 2, $70,000 in year 3, $60,000 in year 4, and $100,000 in year 5. Calculate the project's payback period and NPV assuming a discount rate of 9%.

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