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Please provide the solution method so I can understand Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital

Please provide the solution method so I can understand

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Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) (a) Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 6.52.)

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