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Kat Corporation is considering an investment of $750 million with the expected cash inflows of $175 million per year for 7 years. The required rate

Kat Corporation is considering an investment of $750 million with the expected cash inflows of $175 million per year for 7 years. The required rate of return is 10 percent. Express in years, what is the payback period?

a. 4.2

b. 4.3

c. 4.7

d. 4.8

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