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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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