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You are evaluating a project that will cost $519,000, but is expected to produce cash fows or $122,000 poc year for 10 years, whth the

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You are evaluating a project that will cost $519,000, but is expected to produce cash fows or $122,000 poc year for 10 years, whth the first cash flow in one yoar. Your cost of capial your company's prelerred payback period is three years of less. a. What is the payback period of this project? b. Should you take the project if you want to increase the value of the company? a. What is the payback period of this project? The payback period is years. (Round to two deciral places.) b. Should you take the project if you want to increase the value of the company? (5elect from the drop-down manus) If you want to increase the value of the company you take the project since the NeV is

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