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11. What is the payback period (PB) for the project below? Project cost: $ 18,500.00 Project duration (years): 20 Annual cash flow: $ 2,590.00 Additional

11. What is the payback period (PB) for the project below?

Project cost: $ 18,500.00
Project duration (years): 20
Annual cash flow: $ 2,590.00
Additional cash flow received: $ 18,500.00 in the year: 15
Project discount rate: 14.00% APR

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