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Oriental Corporation has gathered the following data on a proposed investment project (lgnore income taxes.): The company uses straight-line depreciation on all equipment. Assume cash
Oriental Corporation has gathered the following data on a proposed investment project (lgnore income taxes.): The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The payback period for the investment would be: (Round your answer to 1 decimal place.) Multiple Choice 9.8 years 7.8 years 1.0 years 0.1 years
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