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Business, 28.07.2020 19:01 tayacall9362

A project that costs $3,300 to install will provide annual cash flows of $680 for the next 6 years. The firm accepts projects with payback periods of less than 5 years. 1. What is the payback period of the project?
2. What is project NPV if the discount rate is 2%?
3. What is project NPV if the discount rate is 11%?

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