Capital Budgeting- Project K has a cost of $52,125 and its expected net cash inflows are $12,000 per year for eight years
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Project K has a cost of $52,125 and its expected net cash inflows are $12,000 per year for eight years. The firm's required rate of return is 12 percent. Compute the project's (a) traditional payback period (PB), (b) discounted payback period (DPB), (c) net present value (NPV), and (d) internal rate of return (IRR).
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