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Jasmine Manufacturing is considering a project that will require an initial investment of $49,200 and...

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Jasmine Manufacturing is considering a project that will require an initial investment of $49,200 and is expected to generate future cash flows of $10,300 for years 1 through 3, 87,900 for years 4 and 5, and $2,500 for years 6 through 10. What is the payback period for this project? years

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