Values for project that requires an initial investment

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Calculate the following values for a project that requires an initial investment of $38,370 and has equal annual cash inflows of $10,000 each year for the next 8 years. Assume a cost of capital of 14%. You must show your work within formulas.

a. Payback period

b. Net present value

c. Internal rate of return

Reference no: EM13950749

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