Murtek naat is considering the following project. The project has an up-front cost and will...

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Finance

Murtek naat is considering the following project. The project has an up-front cost and will also generate the following subsequent cash flows: Year Project Cash Flow 0 ? 1 5.000.000 2 3.500.000 3 2.500.000 The projects internal rate of return (IRR) is 15 percent and it has a cost of capital of 13 percent. What is the projects ordinary payback period

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