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A project has the following cash flows: Project YearCash Flow 0-$3,000 11,000 21,000 31,236.86 41,000 Its cost of capital is 10percent.What is the project's payback
A project has the following cash flows:
Project
YearCash Flow
0-$3,000
11,000
21,000
31,236.86
41,000
Its cost of capital is 10percent.What is the project's payback period?
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