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Newex, Inc. has a capital investment opportunity with the following cash flows: Year cash flow 0(100,000) 115,000 235,000 330,000 430,000 Which of the following is
Newex, Inc. has a capital investment opportunity with the following cash flows:
Yearcash flow
0(100,000)
115,000
235,000
330,000
430,000
Which of the following is closest to the project's payback period?
a) 3.7 years
b) 2.8 years
c) 3.5 years
d) 4.2 years
e) 2.5 years
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