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Johnson Co. is considering a project with an original cost of $105,000. The cash inflows the project would produce are as follows: Year 1: $30,000,

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Johnson Co. is considering a project with an original cost of $105,000. The cash inflows the project would produce are as follows: Year 1: $30,000, Year 2:$25,000, Year 3: $20,000, Year 4: $25,000, Year 5:$25,000. Compute the payback period of the project. 3.8 years 4.2 years 5 years 5.2 years 4.6 years

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