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Nelson Company is considering a $400,000 capital investment project, with the following cash flows: Rounded to the nearest month, what is the cash payback period?

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Nelson Company is considering a $400,000 capital investment project, with the following cash flows: Rounded to the nearest month, what is the cash payback period? 4 years. 3 years, 7 months. 3 years, 5 months. 3 years

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