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Matthew Corporation is adding a new product line that will require an investment of $218,000. The product line is estimated to generate cash inflows of
Matthew Corporation is adding a new product line that will require an investment of $218,000. The product line is estimated to generate cash inflows of S32,000 the first year, $18,000 the second year, and S21,000 each year thereafter for ten more years What is the payback period? O A. 11.17 years 10 years B. C. 10 42 years D. 8.56 years
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