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11. Mendoza Company is considering a project that would require an investment of 400,000 and would last for 10 years. The incremental annual revenues and
11. Mendoza Company is considering a project that would require an investment of 400,000 and would last for 10 years. The incremental annual revenues and expenses generate by the project during those 10 years would be as follows: The scrap value (salvage value) of the project's assets at the end of the project would be 20,000 . The cash inflows occur evenly throughout the year. The payback period of the project is closest to: A) 1 year B) 2 years C) 3 years D) 5 years
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