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A company invests $600,000 in a project with the following net cash flows: Year 1: $130,000 Year 2: $113,000 Year 3: $98,000
A company invests
$600,000
in a project with the following net cash flows:\ Year 1:
$130,000
\ Year 2:
$113,000
\ Year 3:
$98,000
\ Year 4:
$92,000
\ Year 5:
$89,000
\ Year 6:
$95,000
\ In what year does payback occur?\ Year 5\ Year 4\ Year 6\ Year 3
A company invests $600,000 in a project with the following net cash flows: - Year 1: $130,000 - Year 2: $113,000 - Year 3: $98,000 - Year 4: $92,000 - Year 5: $89,000 - Year 6: $95,000 In what year does payback occur? Year 5 Year 4 Year 6 Year 3
A company invests
$600,000
in a project with the following net cash flows:\ Year 1:
$130,000
\ Year 2:
$113,000
\ Year 3:
$98,000
\ Year 4:
$92,000
\ Year 5:
$89,000
\ Year 6:
$95,000
\ In what year does payback occur?\ Year 5\ Year 4\ Year 6\ Year 3
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