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A project has the following cash flows. What is the payback period? YEAR CF 0 -52000 1 7000 2 8000 3 9000 4 19000 5

A project has the following cash flows. What is the payback period? YEAR CF 0 -52000 1 7000 2 8000 3 9000 4 19000 5 25000 6 30000 a) 4.64 years b) 4.48 years c) 4.36 years d) none of the above

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