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please show me how to do, this answer is wrong. QUESTION 1 What is the payback period for the following proposed capital budgeting project: Year

please show me how to do, this answer is wrong. image text in transcribed

QUESTION 1 What is the payback period for the following proposed capital budgeting project: Year Cash Flows - 1,000,000 200,000 400,000 100,000 400,000 2 3.2 years 2.75 years 3.25 years 2.8 years 3.75 years

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