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For the next 7 problems assume the following net cash flows for projects X and Y. The company uses a 12% cost of canital. What

For the next 7 problems assume the following net cash flows for projects X and Y. The company uses a 12% cost of canital. What is the payback period of Project X ? 2.25 years 2.38 years 2.49 years 2.54 years 2.89 years

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