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Earth Yarns Inc. is considering the following project. The project has an up-front cost and will also generate the following subsequent cash flows: Year Project
Earth Yarns Inc. is considering the following project. The project has an up-front cost and will also generate the following subsequent cash flows: Year Project Cash Flow 0 ? 1 1.500.000 2 1.400.000 3 1.200.000 The projects internal rate of return (IRR) is 13 percent and it has a cost of capital of 10 percent. What is the projects ordinary payback period?
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