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Kabab Co. is considering a $270,000 investment, which will provide net returns of $110,000, $140,000, and $220,000 in the second, third, and fourth years, respectively.
Kabab Co. is considering a $270,000 investment, which will provide net returns of $110,000, $140,000, and $220,000 in the second, third, and fourth years, respectively. What is the payback period? Round up to the next month Use the following table: a. 3 years and 4 months b. 3 years and 5 months c. 3 years and 3 months d. 3 years and 2 months
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