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Erbil Energy Solutions invests IQD 500,000,000 in a renewable energy project and expects annual cash flows of IQD 150,000,000 for the next five years. Calculate

Erbil Energy Solutions invests IQD 500,000,000 in a renewable energy project and expects annual cash flows of IQD 150,000,000 for the next five years. Calculate the Payback Period for the investment project.

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