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Warrior Industries is getting ready to produce a car component by investing $2,700,000. The investment will result in additional cash flows of $600,000, $785,000 and
Warrior Industries is getting ready to produce a car component by investing $2,700,000. The investment will result in additional cash flows of $600,000, $785,000 and $1,400,000 over the next three years.
After 3 years, the initial investment has not been paid back. |
The project should be rejected if the required payback period is 2.6 years. |
The project should be accepted if the required payback period is 2.6 years. |
The project should be accepted if the required payback period is 2.8 years. |
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