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Consider an investment that costs $100.000 and has future cash inflows of $24,000, $25,000, $30,000, $40,000 in Year 1, 2, 3, and 4, respectively. The
Consider an investment that costs $100.000 and has future cash inflows of $24,000, $25,000, $30,000, $40,000 in Year 1, 2, 3, and 4, respectively. The required payback is 3.5 years. What is the payback period of this project? Should you accept or reject the project? A. 3.00 years, accept B. 3.53 years, reject C. 3.70 years, reject D. 3.81 years, reject
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