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Boulder Co is thinking about purchasing a new machine that would cost $336. The machine has a salvage value of $85 and will be useful

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Boulder Co is thinking about purchasing a new machine that would cost $336. The machine has a salvage value of $85 and will be useful for 5 years. The cash flows that would be produced by the machine are: The payback period of this investment is closest to: 2.2 years 3.3 years 5.0 years 2.8 years 3.0 years

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