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  3. project l has the following cash flows: cf0 = -100

Project L has the following Cash Flows: CF0 = -100 CF1 = 50 CF2 =...

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Accounting

Project L has the following Cash Flows: CF0 = -100 CF1 = 50 CF2 = 50 CF3 = 40 What is the Payback for Project L?

2 years

2.375 years

2.33 years

3.875 years

Answer & Explanation Solved by verified expert
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