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Connect Saved Help Save & Exit Submit The management of Lanzilotta Corporation is considering a project that would require an investment of $288.000 and would

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Connect Saved Help Save & Exit Submit The management of Lanzilotta Corporation is considering a project that would require an investment of $288.000 and would last for 6 years. The annual net operating income from the project would be $136.0oo, which includes depreciation of $17,000. The scrap value of the project's assets at the end of the project would be $25,600. The cash inflows occur (Round your answer to 1 decimal place.) evenly throughout the year. The payback period of the project is closest to (Ignore income taxes.): Multiple Choice 1.9 years 2.1 years 1.6 years

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