Question 18 (3 points) If the cost of a project is $80,000 and the cash...
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Question 18 (3 points) If the cost of a project is $80,000 and the cash inflows are as given in the table below, what is the payback period for the project? Year 1 2 3 CF $15,000 $21,000 $27,000 $35,000 $38,000 4 5 3.0 years 4.2 years 2.8 years 3.5 years 3.9 years Page 18 of Previous Page Next Page MacBook Air $ % 5 E 3 E R T
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