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Casn Faybock Period for a Service Company Chinook Industries Inc. Is evaluating two cepital investment proposals for a retail outlet, eoch requiting an investment of

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Casn Faybock Period for a Service Company Chinook Industries Inc. Is evaluating two cepital investment proposals for a retail outlet, eoch requiting an investment of $175,000 and each with an eightyear life and expected total net cash flows of $280,000. Location 1 is expected to provide equal annual net cash flows of $35,000, and Location 2 is expected to have the following unequal annual net cash flows: Determine the cash payback period for both location proposals. Location 1 ears Location 2 rears

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