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A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 7 years, and a cost of capital of

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A project has an initial cost of $40,000, expected net cash inflows of $9,000 per year for 7 years, and a cost of capital of 11%. What is the project's payback period? hittps:Il/blackboardicampbell.eduibbcswebdavipid-4926137-dt-content-rid-38668876 1/xid-38668876 1 4.44 years 7.00 years 4.88 years 3.88 years

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