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Beyer Company is considering buying an asset for $300,000. It is expected to produce the following net cash flows. Compute the payback period for this

image text in transcribed Beyer Company is considering buying an asset for $300,000. It is expected to produce the following net cash flows. Compute the payback period for this investment. (Cumulatlve net cesh outflows must be entered with a minus sign. Round your Paybeck Perlod onswer to 2 declmal places.)

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