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Hammer Saw Tools is considering a $7,000 investment. Which of the following alternative cash inflows has the shortest payback period? a. $3,000 in year 1,

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Hammer Saw Tools is considering a $7,000 investment. Which of the following alternative cash inflows has the shortest payback period? a. $3,000 in year 1, $2,500 per year for Years 3 and 4 b. $1,500 per year for Years 1 through 5 c. So in Year 1, $8,000 in Year 2 d. $8,000 in Year 5

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