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A project costs $300 and has cash flows of $75 for the first three years and $50 in each of the project's last three years.
A project costs $300 and has cash flows of $75 for the first three years and $50 in each of the project's last three years. What is the payback period of the project? O 3.75 years The project never pays back O 4.50 years 0 5.50 years 5.25 years
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