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Kimberly-Clark has a project with initial investment requiring $-200,000 and the following cash flows will be generated for the following 5 years at the end

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Kimberly-Clark has a project with initial investment requiring $-200,000 and the following cash flows will be generated for the following 5 years at the end of each year because of the project: $50,000: $194,000; $86,000; $74,000; and $98,000 respectively. If the required rate of return is 0.19, find the payback period (PB) of the project. 1.92 years none of the answers is correct 1.97 years O 1.29 years 1.77 years

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