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Lincoln Coal is considering constructing a new plant in a remote wilderness area. You anticipate that the plant will cost $35,0 million upfront. The plant
Lincoln Coal is considering constructing a new plant in a remote wilderness area. You anticipate that the plant will cost $35,0 million upfront. The plant is expected to generate cash flows of $12,9 million at the end of every year over the next seven years. What is the payback period? Round your answer to two decimal places
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