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Assume a $74,000 investment and the following cash flows for two alternatives. Year InvestmentX Investment Y $34,000 30,000 15,000 $15,000 24,000 32,000 15,000 30,000 2

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Assume a $74,000 investment and the following cash flows for two alternatives. Year InvestmentX Investment Y $34,000 30,000 15,000 $15,000 24,000 32,000 15,000 30,000 2 4 a. Calculate the payback for investment X and Y. (Do not round intermediate calculations. Round your answers to 2 decimal places.) nvestment X nvestment Y years years

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