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ABC, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available: Calculate

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ABC, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available: Calculate the payback period for Investment B. (Round your answer to two decimal places.) 3.82 years 1.94 years 3.46 years 2.89 years

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