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Federer Inc. is considering an investment in equipment of $40,000. It is expected to generate $16,000 in annual cash flows. The payback period is

Federer Inc. is considering an investment in equipment of $40,000. It is expected to generate $16,000 in annual cash flows. The payback period is 3.0 years 2.5 years 4.0 years 0.4 years

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