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Frameworthy Corporation is adding a new product line that will requirs an investrent of $5204,000. The product line is etifmited to genwrate cash infows of
Frameworthy Corporation is adding a new product line that will requirs an investrent of $5204,000. The product line is etifmited to genwrate cash infows of $32,000 the first year, $25,000 the second year, and $21,000 each year thereafler foe ten more years. What is the paytack period? A. 7.78 years B. 0.37 years C. 984 years D. 9 yoars
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