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Consider a project with the following cash flows: Year Cash Flow 0 -10,000 1 4,000 2 4,000 3 4,000 4 4,000 6) Assume the appropriate
Consider a project with the following cash flows:
| Year | Cash Flow |
| 0 | -10,000 |
| 1 | 4,000 |
| 2 | 4,000 |
| 3 | 4,000 |
| 4 | 4,000 |
6) Assume the appropriate discount rate for this project is 15%. The payback period for this project is closest to:
A) 3.0
B) 2.5
C) 2.0
D) 4.0
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