Assuming an appropriate discount rate of 12 percent for a project in Papua New Guinea, what is

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Assuming an appropriate discount rate of 12 percent for a project in Papua New Guinea, what is the discounted payback period on a project with an initial outlay of \($128,000\) and the following free cash flows?

Year 1 = \($37,000\)

Year 2 = \($35,000\)

Year 3 = \($27,000\)

Year 4 = \($27,000\)

Year 5 =  \($32,000\)

Year 6 = \($26,000\)

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Foundations Of Finance

ISBN: 9781292318738

10th Global Edition

Authors: Arthur Keown, John Martin, J. Petty

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