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A project with an initial cost of $26,900 is expected to generate cash flows of $6,500, $8,600, $9,050, $7,950, and $7,300 over each of the next five years, respectively. What is the project's payback
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Jun 12, 2022
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A project with an initial cost of $26,900 is expected to generate cash flows of $6,500, $8,600, $9,050, $7,950, and $7,300 over each of the next five years, respectively. What is the project's payback period
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Answer:
b
Step-by-step explanation:
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