You are considering an investment in a new sub-industry of interest to your film. The...

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You are considering an investment in a new sub-industry of interest to your film. The project requires an initial Outlay of $75,000. In addition, after-tax cash flows for years one through six will be $45,000 per year. the appropriate discount rate for this project is 10%. Your firm is not interested to continue with this. project after the leth year, therefore, at the end of the project's life, the firm is expected to liquidated this project and receive an addition after-tax in flow of $105,000. What is the Payback penud of this project? A. 3.33 yrs. B. 2.33 C. 2.78 D. 1.67 E. 1.89

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