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If an asset costs $79180 and is expected to have a $4500 salvage value at the end of its 8 -year life, and generates annual

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If an asset costs $79180 and is expected to have a $4500 salvage value at the end of its 8 -year life, and generates annual net cash inflows of $10700 each year, the cash payback period is 7 years. 7.0 years. 8 years: 7.8 years

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