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compute the payback period for each investment Yates, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of

compute the payback period for each investment
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Yates, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available: Compute the payback period for each investment. Show your calculations and round to one decimal place

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