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Krate Inc. is considering a $634,000 investment in new equipment that is anticipated to produce the following net cash inflows: Year Net Cash Inflows 1

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Krate Inc. is considering a $634,000 investment in new equipment that is anticipated to produce the following net cash inflows: Year Net Cash Inflows 1 $120,000 254, 000 WN 120, 000 65, 000 150,000 If cash flows occur evenly throughout a year, the equipment's payback period is: Multiple Choice O 4 years 7 months. O 4 years 6 months. O 4 years 5 months. O None of these options is correct. O 5 years

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