Question: please show answer in excel You are evaluating a capital budgeting project that will cost $55,000 Year 1 ==> $17,000 Year 2 ==> $10,000 Year
You are evaluating a capital budgeting project that will cost $55,000 Year 1 ==> $17,000 Year 2 ==> $10,000 Year 3 ==> $10,000 Year 4 ==> $17,000 Year 5 ==> $40,000 The required return is 12% and the critical acceptance level is 3.5 years. Calculate the Payback period and determine whether or not the project should be accepted based solely on PP
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