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What information does the payback period provide? Suppose Praxis Corporation's CFO is evaluating a project with the following cash inflows. She does not know the

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What information does the payback period provide? Suppose Praxis Corporation's CFO is evaluating a project with the following cash inflows. She does not know the project's initial cost; however, she does know that the project's regular payback period is 2.5 years. Year Cash Flow Year 1 $325,000 Year 2 $400,000 Year 3 $425,000 Year 4 $500,000 If the project's weighted average cost of capital (WACC) is 7%, what is its NPV? O $399,589 O $443,988 $532,786 O $466,187

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