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2) Tiger Corporation is adding a new product line that will require an investment of $138,000. The product line is estimated to generate cash inflows

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2) Tiger Corporation is adding a new product line that will require an investment of $138,000. The product line is estimated to generate cash inflows of $25,000 the first year, $23,000 the second year, and $18,000 each year thereafter for ten more years. What is the payback period? 2) A)738 years B)7.78 years C)7.00 years D) 5.92 years

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