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Bramble Corp. is considering the purchase of a piece of equipment that costs $19900. Projected net annual cash flows over the project's life are:

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Bramble Corp. is considering the purchase of a piece of equipment that costs $19900. Projected net annual cash flows over the project's life are: Net Annual Cash Flow Year 1 $2700 2 8200 3 14300 4 9500 The cash payback period is O 2.31 years. O 2.29 years. O 2.37 years. O 2.63 years.

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