What is the payback period

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You are considering a project that requires $13,000 investment. The project will provide annual cash inflows of $4,500, $5,700, and $8,000 at the end of each year for the next three years, respectively.

a) What is the payback period?

b) What is the present value of these cash flows, given a 9 percent discount rate?

c) What's the net present value (NPV)?

d) What's the IRR? (Write out the formula with numbers, no calculation needed)

Reference no: EM132516023

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