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Intro You are evaluating an investment project costing $28,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in

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Intro You are evaluating an investment project costing $28,000 initially. The project will provide $3,000 in after-tax cash flows in the first year, $4,000 in the second year and $7,000 each year thereafter for 10 years. The maximum payback period for your company is 6 years. IB | Attempt 1/10 for 10 pts. Part 1 What is the payback period for this project? No decimals Submit

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