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12. Azusa Pacific Investment, Inc. is considering a project that has the following cash flow data. What is the project's payback? Year Cash flows

12. Azusa Pacific Investment, Inc. is considering a project that has the following cash flow data. What is the project's payback? Year Cash flows 0 -300 1 200 2 200 3 200 ABCDE A. B. 1.14 years 1.52 years C. 1.29 years D. 1.16 years E. 1.50 years 4 of 6

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