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1. Is Dr. Robert's proposal financially feasible using Net Present Value? Why or why not? Is the proposal financially feasible using the Payback Period? Why or why not? Which is most appropriate to use in this situation and why or why not?

2. Assuming Dr. Robert's project is financially feasible, should the institute buy the equipment for him? Why or why not? Discuss qualitative and quantitative items as well as the organization's mission and goals.

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