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Posted on Jul 30, 2024

A project costs $ 1 4 6 , 9 1 5 today. It is expected to generate cash flows of $ 7 1 , 6

A project costs $

146, 915

today. It is expected to generate cash flows of $

71, 692

each year for

10

years. What is the payback period for this project?Round your answer to two decimal places

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