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Consider the following data for Jasmine Company: YearInvestmentCash Inflow 14,0001,000 20 32,000 42,0001,000 5500 63,000 72,000 What is the payback period for this investment?

Consider the following data for Jasmine Company:

YearInvestmentCash Inflow

14,0001,000

32,000

42,0001,000

5500

63,000

72,000

What is the payback period for this investment?

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