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If your company is investing in a new project that costs $55,000, is expected to pay $13,900 per year for the next nine years in

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If your company is investing in a new project that costs $55,000, is expected to pay $13,900 per year for the next nine years in cash flows, and has a cost to fund all projects (borrowing rate) of 11.250%, which of the following is correct if the company's decision criteria for payback period is 4 697 years? If your company is investing in a new project that costs $55,000, is expected to pay $13,900 per year for the next nine years in cash flows, and has a cost to fund all projects (borrowing rate) of 11.250%, which of the following is correct if the company's decision criteria for payback period is 4 697 years

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