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A company is considering the purchase of a new piece of equipment for $91.000. Wis expected to produce the following net cash flows. The payback

A company is considering the purchase of a new piece of equipment for $91.000. Wis expected to produce the following net cash flows. The payback period is: 2.98 years. 2.49 years. 4.44 years. 3.44 years. 3.72 years

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