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Business, 21.08.2019 01:20 lexi8938

Newman automobiles manufacturing is considering two alternative investment proposals with the following data: proposal x proposal y investment $ 11 comma 100 comma 000 $ 590 comma 000 useful life 5 years 5 years estimated annual net cash inflows for 5 years $ 2 comma 220 comma 000 $ 101 comma 000 residual value $ 51 comma 000 $ 23 comma 000 depreciation method straightminusline straightminusline required rate of return 14% 11% calculate the payback period for proposal x.

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