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A capital project has the following cash flows over its useful life: Time o (400,000) Time 1 105.000 Time 2 170.000 Cash flow Time 3

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A capital project has the following cash flows over its useful life: Time o (400,000) Time 1 105.000 Time 2 170.000 Cash flow Time 3 100,000 Time 4 125.000 Calculate the payback period for this project. O 2.25 years O 3.20 years 2.20 years 3.25 years

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