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Finance Assignment | Professional Writing

A project with an initial cost of $24,450 is expected to generate cash flows of $5,800, $7,900, $8,700, $7,600, and $6,600 over each of the next five years, respectively.

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What is the project’s payback period? Multiple Choice O 3.47 years O 3.76 years О 363 years O 3.27 years < Prev 1 of 15 Next

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