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QUESTION 21 Calculate the payback period for a project that costs $400,000 if the cash inflows...

QUESTION 21

  1. Calculate the payback period for a project that costs $400,000 if the cash inflows are $165,000 in year 1, $182,000 in year 2, $151,000 in year 3, and $146,000 in year 4.

    2.541 years

    2.351 years

    3.114 years

    3.894 years

    none of the above

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