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Oriental Company has gathered the following data on a proposed investment project: Investment in Depreciable Equipment $200,000 Annual Net Cash Flows $50,000 Life of the

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Oriental Company has gathered the following data on a proposed investment project: Investment in Depreciable Equipment $200,000 Annual Net Cash Flows $50,000 Life of the Equipment 10 years Residual Salvage Value -$0- Discount Rate 10% The company uses straight-line depreciation on all equipment. What would be the payback period for the investment? 0.25 years. 2.41 years. 4.00 years. 10.00 years

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