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Concord Inc. is contemplating a capital investment of $78000. The cash flows over the project's four years are: Expected Annual Year 1 Expected Annual Cash
Concord Inc. is contemplating a capital investment of $78000. The cash flows over the project's four years are: Expected Annual Year 1 Expected Annual Cash Inflows $36000 38000 40000 Cash Outflows $12000 20000 25000 2 3 4 48000 20000 The cash payback period is O 3.10 years. O 2.27 years. O 3.66 years. 0 3.75 years
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