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An investment project provides cash inflows of $1,375 per year for eight years. a. What is the project payback period if the initial cost is

An investment project provides cash inflows of $1,375 per year for eight years.

a. What is the project payback period if the initial cost is $4,300? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
b. What is the project payback period if the initial cost is $5,350? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
c. What is the project payback period if the initial cost is $12,000? (Enter 0 if the project never pays back. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

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