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Calculate the payback period for projects X and Y. They both cost $100,000 (show your work) Year 0 1 2 3 4 5 6 Project

Calculate the payback period for projects X and Y. They both cost $100,000 (show your work)

Year 0 1 2 3 4 5 6

Project X $20m 30m 40m 20m 10m 10m

Project Y $40m 30m 30m 20m 10m 0

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