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You are the CFO of Jets Pizza. The owner provides you with thr following information about a new oven Ultra that will last for 5
You are the CFO of Jets Pizza. The owner provides you with thr following information about a new oven "Ultra" that will last for 5 years. The Uktra oven will cost $1,100,000. The cash flows from the iven are as follows: $406,400 in year 1, $0 in year 2, and $412,000 in years 3,4 and 5. The requied rate of return is 11%.
What is the Payback Period, discounted payback period, NPV, PI ratio, IRR, and MIRR (reinvestment rate is 13%)?
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