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An outlay of $180,000 is expected to yield the following cash flows: Year Net Cash Flow 75,000 55,000 1 2 3 60,000 4 25,000 5
An outlay of $180,000 is expected to yield the following cash flows: Year Net Cash Flow 75,000 55,000 1 2 3 60,000 4 25,000 5 15,000 6 10,000 The cost of capital is 12 percent. What is the payback period? O3.833 years 2.833 years O3.333 years 2.333 years 2 years
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