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Assume a $200,000 investment and the following cash flows for two products: year Product X Product Y 1 $ 50,000 $ 50,000 2 80,000 60,000

Assume a $200,000 investment and the following cash flows for two products:

year Product X Product Y
1 $ 50,000 $ 50,000
2 80,000 60,000
3 65,000 50,000
4 30,000 50,000

a. Calculate the payback period for products X and Y

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