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A firm is evaluating a proposal which has an initial investment of Php 35,000 and has cash flows of Php 10,000 in year 1, Php

A firm is evaluating a proposal which has an initial investment of Php 35,000 and has cash flows of Php 10,000 in year 1, Php 20,000 in year 2, and Php 10,000 in year 3. What is the payback per...

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