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An investment project costs $21,500 and has annual cash flows of $4,500 for 6 years. What is the payback period? A. 4.78 years B. 6

An investment project costs $21,500 and has annual cash flows of $4,500 for 6 years. What is the payback period? A. 4.78 years B. 6 years C. never D. 3.57 years E. 4.12 years

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