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You are considering a project with an initial cash outlay of $70,000 and expected free cash flows of $28,000 at the end of each year

You are considering a project with an initial cash outlay of $70,000 and expected free cash flows of $28,000 at the end of each year for 7 years. The required rate of return for this project is 6 percent.

a. What is the project's payback period?

b. What is the project's NPV?

c. What is the project's PI?

d. What is the project's IRR?

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