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Fischer Corp. Is considering an investment that costs $80,000 and is expected to yield the following net cash inflows. The company has set a maximum

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Fischer Corp. Is considering an investment that costs $80,000 and is expected to yield the following net cash inflows. The company has set a maximum payback period of 3 years to determine if an investment should be screened further. The payback period for this investment is A. 2 and 1/3 years B. 3 years C.6 years D. -2.5 years

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