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Precision Biotech has a vaccine project that has cash flows as follows - $19 million in year 0. - This is followed by cash flows
Precision Biotech has a vaccine project that has cash flows as follows - $19 million in year 0. - This is followed by cash flows of $11.5 million one year from now and each year that follows. What is the payback period of this vaccine project at Precision Biotech (assume fractional years are permitted)? Round your answer to two decimal places. Your
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