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A project requires an initial outflow of $93765 and is expected to produce $18753 inflows over each of the next five years. What is the
A project requires an initial outflow of $93765 and is expected to produce $18753 inflows over each of the next five years. What is the payback of the project?
a.
4 years
b.
4.5 years
c.
5 years
d.
5.5 years
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