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Calculate the payoff period of the following project, specified in years and rounded to the nearest Initial Investment (cash outflow) $50,000 Net cash inflow at
Calculate the payoff period of the following project, specified in years and rounded to the nearest Initial Investment (cash outflow) $50,000 Net cash inflow at end of year 1 $20,000 Net cash inflow at end of year 2 $40,000
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