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Your firm is considering investing $9,300 in a high-tech project with the following cash inflow. Should this project be accepted if the required payback period
Your firm is considering investing $9,300 in a high-tech project with the following cash inflow. Should this project be accepted if the required payback period is 3 years? Why or why not?
| Year | Cash inflow |
| 1 | $2,300 |
| 2 | $2,900 |
| 3 | $3,600 |
| 4 | $4,400 |
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Personal Finance
Authors: E. Thomas Garman, Raymond Forgue
9th Edition
0618938737, 978-0618938735
