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Next Activity A Company has been offered the possibility of entering two projects: a) A five years project that consists on an initial investment of

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Next Activity A Company has been offered the possibility of entering two projects: a) A five years project that consists on an initial investment of 500,000 EUR and a set of 5 yearly revenues of 225,000 EUR from year 1 onwards b) A twelve years project that consists on an initial investment of 500,000 EUR and a set of 10 yearly revenues of 100,000 EUR from year 1 onwards. What is the payback period for project A? i i B I ! ! % S

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