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Finance 1 answer below » Should Tangshan Mining company accept a new project if its maximum payback is 3.25 years and its initial after tax cost is $5,000,000 and it
is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $700,000
in year 3 and $1,800,000 in year 4? Jan 17 2014 10:24 PM