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Majorie's project: Year 0 1 2 3 4 Cash Flow -$14,000 5,800 7,100 6, 100 4,900 The above chart reports the initial cash outflow and
Majorie's project: Year 0 1 2 3 4 Cash Flow -$14,000 5,800 7,100 6, 100 4,900 The above chart reports the initial cash outflow and subsequent inflows related to a project Marjorie Taylor is considering. If she invests in it, her payback period will be: Multiple Choice 2.54 years 1.82 years 3.00 years 2.42 years 2.18 years
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