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Alpha Enterprises, Inc. is considering a project that has the following cash flows: Year Cash Flow 0 -$1,000 1 500 2 300 3 700 4

Alpha Enterprises, Inc. is considering a project that has the following cash flows: Year Cash Flow 0 -$1,000 1 500 2 300 3 700 4 400 The companys WACC is 10%. What is the projects ordinary payback?

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