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Oriental Company has gathered the following data on a proposed investment project: $200,000 Investment in depreciable equipment 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: $200,000 Investment in depreciable equipment Annual net cash flows $50,000 Life of the equipment 10 years Salvage value $0 Discount rate 10% The company uses straight-line depreciation on all equipment. The payback period for the investment would be: 0.25 years. 10 years. 4 years. D 2.41 years

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