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Your firm has an opportunity cost of capital of 10%. It is looking at a project that will have an initial cash outflow or cost

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Your firm has an opportunity cost of capital of 10%. It is looking at a project that will have an initial cash outflow or cost of $4,500,000. The cash inflows or benefits for the project is listed below: Year Project 1 $1,000,000 $2,000,000 $4,000,000 $3,000,000 a) Calculate the payback period for the project. (2 marks) b) Calculate the NPV for the project. Should it be accepted

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