Question 24 (8 points) You have the following set of cash flows for a project....
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Question 24 (8 points) You have the following set of cash flows for a project. The firm has a 9% weighted average cost of capital and typically accepts projects that payback in five years or less. Which of the following statements is accurate? Cash Flow -$1,000,000 $800,000 -$275,000 $300,000 6 $180.000 $370.000 Sco 00,000 $900,000 7 I 8 8 50,000 BE Et 350,000 The project has a discounted payback period of 4.96 years, and the firm should accept the project LLLL The firm has a payback period of 6.38 years, and the firm should reject the project. The firm has a modified internal rate of return of 11.92%, and the firm should reject the program. O None of the Above
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