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18. An investor spends $10,000 to acquire a project. The project has expected annual net cash inflows of $2,500 for each of the next nine
18. An investor spends $10,000 to acquire a project. The project has expected annual net cash inflows of $2,500 for each of the next nine years. Under the payback method, the project would have a payback period of: a. Two years b. Two and a half years c. Four years d. Nine years e. Unable to determine without knowing the interest rate involved
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