Presidio Power Co. is considering a new project that has the following expected cash flows:...
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Presidio Power Co. is considering a new project that has the following expected cash flows: Year 0 1 2. 3 4 CF -555,000 296,000 281,000 116,000 88,200 The firm's cost of capital is 9.3% and their maxium cutoff is 3 years. Presidio Power Co. is considering a new project that has the following expected cash flows: Year 0 1 2 3 4 CF -555,000 296,000 281,000 116,000 88,200 The firm's cost of capital is 9.3% and their maxium cutoff is 3 years, Calculate the discounted payback of this project, State if this project is acceptable and state why
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