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1 Alpha Corp. is considering adding a new product to its lineup and has estimated the following: Year Cash Flow 0 -$62,000 $16.500 2 $23,800

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1 Alpha Corp. is considering adding a new product to its lineup and has estimated the following: Year Cash Flow 0 -$62,000 $16.500 2 $23,800 3 $27.100 4 $23,300 What is the payback period of the project? Multiple Choice O 5 years 4 years 1.68 years O 280 years

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