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Intro You are evaluating an investment project costing $49,000 initially. The project will provide $3,000...

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Accounting

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Intro You are evaluating an investment project costing $49,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in the second year and $7,000 each year thereafter for 10 years. The maximum payback period for your company is 9 years. Part 1 B Attempt 2/10 for 8 pts. What is the payback period for this project? Part 2 Attempt 1/5 for 10 pts. Should your company accept this project? Yes No

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