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Kabab Co. is considering a $200,000 investment, which will provide net returns of $110,000, $150,000, and $210,000 in the second, third, and fourth years, respectively.
Kabab Co. is considering a $200,000 investment, which will provide net returns of $110,000, $150,000, and $210,000 in the second, third, and fourth years, respectively. What is the payback period? Round up to the next month Use the following table: a. 2 years and 6 months b. 2 years and 9 months c. 2 years and 8 months d. 2 years and 10 months
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