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Exercise 3 Following information is given of XYZ Ltd. Cash Outflow $185,000 Annual Cash inflow First 4 years $35,000 Next 6 years $15,000 Estimated life

Exercise 3 Following information is given of XYZ Ltd. Cash Outflow $185,000 Annual Cash inflow First 4 years $35,000 Next 6 years $15,000 Estimated life 10 years Required: Calculate Payback period

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