Question: XYZ company is considering developing new computer software. Th e cost of development will be $775,000 and management expects the net cash flow from sale

XYZ company is considering developing new computer software. Th e cost of development will be $775,000 and management expects the net cash flow from sale of the software to be $200,000 for each of the next six years. If the discount rate is 13 percent, what is the net present value and payback period of this project?

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