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Park Co. is considering an investment that requires immediate payment of $40,000 and provides expected cash inflows of $12,400 annually for four years. What is

Park Co. is considering an investment that requires immediate payment of $40,000 and provides expected cash inflows of $12,400 annually for four years. What is the investment's payback period? Choose Numerator: Payback Period Choose Denominator Payback Period Payback period 0image text in transcribed

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