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Jasmine Manufacturing is considering a project that will require an initial investment of $50,800 and is expected to generate future cash flows of $10,000 for

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Jasmine Manufacturing is considering a project that will require an initial investment of $50,800 and is expected to generate future cash flows of $10,000 for years 1 through 3, $8,100 for years 4 and 5, and $2,300 for years 6 through 10. What is the payback period for this project? years

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