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company manyfactrung corporation is considering investing in a new piece of equipment for SAR 1,550,000 that will provide annual cash flows as folloe (in SAR)

company manyfactrung corporation is considering investing in a new piece of equipment for SAR 1,550,000 that will provide annual cash flows as folloe (in SAR)
year 1 435,000
year2. 545,000
year3. 510,000
year4. 480,000
year5. 550,000
calculate the cash payback period

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