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ABC Company is considering investing in an asset that has a purchase cost of $23,000. The asset is expected to provide the following net cash

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ABC Company is considering investing in an asset that has a purchase cost of $23,000. The asset is expected to provide the following net cash inflows over its 6 year useful life: What is the Payback Period (PBP) of this asset investment? (2 marks) 2.3 years 3.3 years 2.43 years 2.57 years 3.43 years

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