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Hardware is adding a new product line that will require an investment of $ 1 , 4 6 0 , 0 0 0 . Managers
Hardware is adding a new product line that will require an investment of $ Managers estimate that this investment will have ayear life and generate net cash inflows of $ the first year, $ the second year, and $ each year thereafter for eight years. The investment has no residual value. Compute the payback period
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