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An investment project has the following cash flows. What is the Payback Period? Year Cash Flow 7 -$100 8 $20 9 $50 0 $70 2.43
An investment project has the following cash flows. What is the Payback Period?
Year | Cash Flow |
7 | -$100 |
8 | $20 |
9 | $50 |
0 | $70 |
2.43 years |
1.77 years |
2.77 years |
2 years |
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