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A company is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 4 Cash
A company is considering a project that has the following cash flow data. What is the project's payback? | |||||||||
Year | 0 | 1 | 2 | 3 | 4 | ||||
Cash flows | ($900) | $450 | $500 | $525 | $700 |
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