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Hammerhead Inc. is contemplating investing $240 000 in a project which will generate $60 000 for each of the six years of its useful life.

Hammerhead Inc. is contemplating investing $240 000 in a project which will generate $60 000 for each of the six years of its useful life. What is the projects payback period? Question 20Select one: a. 6 years b. 6.5 years c. 4 years d. 2 years

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