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Nestor Company is considering the purchase of an asset for $135.000 is expected to produce ne following out cash flows. The cash fons occur eventy

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Nestor Company is considering the purchase of an asset for $135.000 is expected to produce ne following out cash flows. The cash fons occur eventy throughout each year. Compute the break even time (BET) period for this investment (Round to two decimal places) Annual Net Cash Present Value of $1 at Flows 10% Initial investment 1.0000 Year 1 $ 54,000 0.9051 Year 2 $ 54,000 0.8364 Year $ 49,000 0.7519 Year 4 $.49,000 0.6830 Years $ 46,000 2.6209 Mr Choice yes O 26) years 2.94 years 270

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