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A project that costs $24,500 today will generate cash flows of $8,400 per year for seven years. What is the project's payback period? Multiple Choice.

A project that costs $24,500 today will generate cash flows of $8,400 per year for seven years. What is the project's payback period? Multiple Choice. 243 yeors 292 years 233 yean 300 yean 34 yean

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