3. A firm with a market value of $1,000,000 is considering a project with the...

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3. A firm with a market value of $1,000,000 is considering a project with the following cash flows. year1 year 2 year 3 year 4 year 5 -10,000 19.000 30,000 41,550 50000 Find the payback by using a discount rate of 8% and 16%

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