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Moe's building costs $800,000 and it is expected to make $150,000 per year for the next...

Moe's building costs $800,000 and it is expected to make $150,000 per year for the next 6 years. Given a required rate of return of 12% and maximum required payback period of 4 years, calculate the Payback Period and Discounted Payback Period for this big project and explain whether or not the big project should be accepted under each of those two methods.

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jeff jeffy answered 1 year ago
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