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Krate Inc. is considering a $658,000 investment in new equipment that is anticipated to produce the following net cash inflows: Year 1 2 3 4

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Krate Inc. is considering a $658,000 investment in new equipment that is anticipated to produce the following net cash inflows: Year 1 2 3 4 5 Net Cash Inflows $120,000 243,000 120,000 64,000 148,000 52 If cash flows occur evenly throughout a year, the equipment's payback period is: Multiple Choice 4 years 8 months 4 years 9 months a Preu 5 of 10 SH! Nev

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