Question: Intro A new bottling machine will cost $21,000 initially. The machine will produce after-tax cash flows of $4,000 in the first year and $7,000 each
Intro A new bottling machine will cost $21,000 initially. The machine will produce after-tax cash flows of $4,000 in the first year and $7,000 each year thereafter for 4 years. Your company's cost of capital is 7%. IB Attempt 1/3 for 10 pts. Part 1 What is the payback period for this project? 2+ decimals Submit - Attempt 1/3 for 10 pts. Part 2 What is the discounted payback period for this project? 2+ decimals Submit
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