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Calculate the payback period for an investment project at ABC Corporation using the following data: Initial Investment ($) Annual Cash Inflows ($) $100,000 $30,000 Requirements:


  • Calculate the payback period for an investment project at ABC Corporation using the following data:

    Initial Investment ($)Annual Cash Inflows ($)
    $100,000$30,000

    Requirements:

    • Determine the payback period.
    • Present the calculation in a detailed table format.
    • Discuss the significance of payback period in investment analysis.

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