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A project costs $5,000 today and then generates cash inflows of $1,500 per year for 5 years. What is the project's payback period? a. 4.00

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A project costs $5,000 today and then generates cash inflows of $1,500 per year for 5 years. What is the project's payback period? a. 4.00 years b. 3.10 years c. 3.50 years d. 3.33 years e. The project never pays back

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