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Newman Inc. is considering a project that has the following cash flow data. What is the project's payback period? Year Cash Flow 0 -$550,000 1

Newman Inc. is considering a project that has the following cash flow data. What is the project's payback period? Year Cash Flow 0 -$550,000 1 $150,000 2 $175,000 3 $190,000 4 $200,000 5 $225,000

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