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a. 3.33 years b. 5 years c. 10 years. d. 20 years Investment required $1,000,000 Net annual cash inflows $200,000 Net income $100,000 What is
a. 3.33 years | ||
b. 5 years | ||
c. 10 years. | ||
d. 20 years |
Investment required $1,000,000
Net annual cash inflows $200,000
Net income $100,000
What is the payback period?
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