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explain answer through formula 10) An investment project that Humira Boards is considering costs $4,500 and has annual cash flows of $1,200 for 5 years.

explain answer through formula
10) An investment project that Humira Boards is considering costs $4,500 and has annual cash flows of $1,200 for 5 years. Calculate the payback period. (2 point) Based on the payback rule, is this investment acceptable? Explain your answer. If a company is experiencing Liquidity issues would the Payback methodology be worthwhile to assess investment opportunities?

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