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Boulder Milling is evaluating a proposal to invest in a new piece of equipment costing $110,000 with the following annual cash flows over the equipment's

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Boulder Milling is evaluating a proposal to invest in a new piece of equipment costing $110,000 with the following annual cash flows over the equipment's 4-year useful life: The investments payback period (rounded to two decimal places) is: 2.37 3.91 3.33 2.56

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