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Payback Period Paranormal Incorporated is considering investing in a project with the following initial cost and projected cash inflows. The company has a 14 percent
Payback Period
Paranormal Incorporated is considering investing in a project with the following initial cost and projected cash inflows. The company has a 14 percent cost of capital.
Year Cash Flow
0 -33680 1 10796 2 22308
3 4170
Question: Compute the projects payback period.
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