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Following information is given of ABC Ltd. Cash Outflow $150,000 Annual Cash inflow after depreciation First 4 years $25,000 Next 6 years $10,000 Estimated life

Following information is given of ABC Ltd.

Cash Outflow $150,000

Annual Cash inflow after depreciation

First 4 years $25,000

Next 6 years $10,000

Estimated life 10 years

Salvage Value $15,000

Required: i) Calculate Payback period

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