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Section 1 Problem: (Show all work for full credit.)
1. 1. A project has the following estimated cash flow stream:
Year Cash Flow Cumulative
0 -$4,800 -$4,800
1 1,200 -3,...
Section 1 Problem: (Show all work for full credit.)
1. A project has the following estimated cash flow stream:
Year Cash Flow Cumulative Cash Flow Workings
0 -$4,800 -$4,800
1 1,200 -$3,600 (-$4,800+$1,200)
2 2,500 -$1,100 (-$3,600+$2,500)
3 3,400 $2,300 (-$1,100+$3,400)
4 1,700 $4,000 ($2300+$1,700
The Payback Pe...
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