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Merrimack Company is considering a project that has the following cash flow data. What is the project's payback? 2 1 Year Cash flows $149,000 58,000

Merrimack Company is considering a project that has the following cash flow data. What is the project's payback? 2 1 Year Cash flows $149,000 58,000 $63,000| $70,000 2.60 years C 2.40 years 2.70 years 2.52 years 2.80 years

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