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Christopher Electronics bought new machinery for $5,000,000 million. This is expected to result in additional cash flows of $1,215,000 million over the next 7 years.

Christopher Electronics bought new machinery for $5,000,000 million. This is expected to result in additional cash flows of $1,215,000 million over the next 7 years. What is the payback period for this project? Their acceptance period is five years. Round to two decimal places. Your Answer:

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