Internal rate of return and discounted payback period

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A company is considering a project with an initial cost of $32,000, expected annual cash inflows of $13,000 for five (5) years, and a cost of capital of 3.05%. What is the project’s NPV (rounding to the nearest dollar)?

What are the Internal Rate of Return (IRR) and Discounted Payback Period (DPP) for the project?

Reference no: EM131558687

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