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EXERCISE 9-14. Calculate the Payback Period [LO 3] The Sunny Valley Wheat Cooperative is considering the construction of a new silo. It will cost $126,000
EXERCISE 9-14. Calculate the Payback Period [LO 3] The Sunny Valley Wheat Cooperative is considering the construction of a new silo. It will cost $126,000 to construct the silo. Determine the payback period if the expected cash inflows are $21,000 per year.
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