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Nestor Company is considering the purchase of an asset for $102,000. It is expected to produce the following net cash flows. The cash flows occur
Nestor Company is considering the purchase of an asset for $102,000. It is expected to produce the following net cash flows. The cash flows occur evenly throughout each year. Compute the break-even time (BET) period for this investment. (Round to two decimal places.) Multiple Cholce 2.85 years. 2.59 years. 3.20 years
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