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i need your help on it Orange Corporation has gathered the following data on a proposed investment project: Help Save & Exit Investment in depreciable
i need your help on it Orange Corporation has gathered the following data on a proposed investment project: Help Save & Exit Investment in depreciable equipment Annual net cash flows Life of the equipment Salvage value Discount rate $630,000 $ 88,000 15 years 10% The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment The payback period for the investment would be: Multiple Choice o 10 years
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