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Calculate the Payback Period for an investment project, which represents the following information: Initial Investment = $450 Cash flow first year = $325 Cash flow
Calculate the Payback Period for an investment project, which represents the following information:
Initial Investment = $450
Cash flow first year = $325
Cash flow second year = $65
Cash flow third year = $100
Options:
a) 2.2 years
b) 3.1 years
c) 2.6 years
d) 4 years
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