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A project costs $10000 initially and is expected to return after-tax cash flows of $3000 each year for the next 10 years. The projects payback
A project costs $10000 initially and is expected to return after-tax cash flows of $3000 each year for the next 10 years. The projects payback period is
a. 10 years
b. none of the above
c. 3 years
d. 4 years
e. 3.33 years
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