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Capital Budgeting - Payback Period: Requirement: Calculate the payback period for a capital investment project. Question: A capital investment project requires an initial investment of
·Capital Budgeting - Payback Period:
- Requirement: Calculate the payback period for a capital investment project.
- Question: A capital investment project requires an initial investment of $50,000 and is expected to generate cash flows of $20,000 per year. Calculate the payback period.
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