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If your company is investing in a new project that costs $56,000, is expected to pay $9,000 per year for the next nine years in

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If your company is investing in a new project that costs $56,000, is expected to pay $9,000 per year for the next nine years in cash flows, and has a cost to fund all projects (borrowing rate) of 11.350%, which of the following is correct if the company's decision criteria for payback period is 5.854 years

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