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(Competency 4: Learning Objective 6) Newman Automobiles Manufacturing is considering two alternative investment proposals with...

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(Competency 4: Learning Objective 6) Newman Automobiles Manufacturing is considering two alternative investment proposals with the following dat Calculate the payback period for Proposal X. 5 years 4 years 9 years 8 years (Competency 4: Learning Objective 6) Logan, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available: Calculate the payback period for Investment A. (Round your answer to two decimal places.) 2.22 years 2.89 years 1.00 year 3.61 years (Competency 4: Learning Objective 6) A company is considering an iron ore extraction project that requires an initial investment of $1,400,000 and will yield annual cash flows of $613,228 for three years. The company's discount rate is 9%. Calculate IRR. Present value of ordinary annuity of \$1: 15% (B) 17% (C) 14% 13%

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