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The manager of capital budgeting for Kentucky Health System has estimated the following cash flow...

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Accounting

The manager of capital budgeting for Kentucky Health System has estimated the following cash flow of dollars for a proposed new clinical service. The project's cost of capital is 10%. Year Expected net cash flow Cumulative Cash Flows 0 ($100,000) a. 1 $70,000 b. 2 $50,000 c. 3 $20,000 Complete letters a, b, and c, showing your calculations. d. What is the payback period? You will have four answers to this question (a, b, c and d)

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