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Consider the following ten-year project. The initial after tax outlay or after-tax cost is $1,500,000. The future after tax cash inflows each year for years
Consider the following ten-year project. The initial after tax outlay or after-tax cost is $1,500,000. The future after tax cash inflows each year for years 1 through 10 are $400,000 per year. What is the payback period without discounting cash flows? O A. 10 years 0 B. 3.75 years O C. 5 years O D. 1.5 years
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