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Which of the following statements is true for a project with $20,000 initial cost, cash inflows of $5,800 per year for six years, and a

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Which of the following statements is true for a project with $20,000 initial cost, cash inflows of $5,800 per year for six years, and a discount rate of 15% ? Its payback period is 4 years. Its NPV is $2,194. Its IRR is 11.34%

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