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2) The net initial investment for a piece of construction equipment is $2,500,000. Annual cash inflows are expected to increase by $500,000 per year. The

2) The net initial investment for a piece of construction equipment is $2,500,000. Annual cash inflows are expected to increase by $500,000 per year. The equipment has an 10-year useful life. What is the payback period? A) 7years B) 4years C) 10 years D) 5 years

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