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A project that costs $17,000 today will generate cash flows of $4,100 per year for seven years. What is the project's payback period? Multiple Choice

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A project that costs $17,000 today will generate cash flows of $4,100 per year for seven years. What is the project's payback period? Multiple Choice 3.32 years 24 years 4.00 years 3.46 years 4.15 years

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