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Need help with this payback period problem The management of Helberg Corporation is considering a project that would require an investment of $228,000 and would

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The management of Helberg Corporation is considering a project that would require an investment of $228,000 and would last for 6 years. The annual net operating income from the project would be $118,000. Which includes depreciation of $33,000. The scrap value of the project's assets at the end of the project would be $25, 900. The cash inflow occur evenly throughout the year. The payback period of the project is closest to: 1.5 years 1.9 years 1.3 years 1.6 years

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