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McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback? r: 14.00% Year 0 1 2 3
McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback?
r: | 14.00% | ||||
Year | 0 | 1 | 2 | 3 | 4 |
Cash flows | $1,500 | $600 | $725 | $850 | $975 |
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