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A company is considering investing $200,000 in a project with the following anticipated net cash flows: - Year 1: $65,000 - Year 2: $50,000 -
A company is considering investing $200,000 in a project with the following anticipated net cash flows: - Year 1: $65,000 - Year 2: $50,000 - Year 3: $55,000 - Year 4: \$35,000 - Year 5: $40,000 - Year 6: $50,000 In what year will payback occur? a.) Year 3 b.) Year 6 c.) Year 5
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