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A project costs $48,000 initially, and will generate a constant cash flow of $4,000 every year for 14 years. The maximum payback period for your

A project costs $48,000 initially, and will generate a constant cash flow of $4,000 every year for 14 years. The maximum payback period for your company is 7 years. IB Attempt 1/10 for 10 pts Part 1 What is the payback period for this project

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