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Brief Exercise 26.5 (Static) Computations for the Payback Period (LO26-3) Pete Nunn is trying to decide whether to go ahead with an investment opportunity that

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Brief Exercise 26.5 (Static) Computations for the Payback Period (LO26-3) Pete Nunn is trying to decide whether to go ahead with an investment opportunity that costs $60,000. The expected incremental cash inflows are $32,000, while the expected incremental cash outflows are $17,000. What is the payback period? Payback period years

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