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A project with an investment of $12,000 has net cash flows of $6,000, $5,000, 4,000, and $3,000 for each of the next four years. What

A project with an investment of $12,000 has net cash flows of $6,000, $5,000, 4,000, and $3,000 for each of the next four years. What is the payback period of the project? 2.11 years 1.77 years 2.99 y...

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