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Q20. Compute the payback period of a project that requires an initial investment of $800,000 in year zero and pays back $100,000, $200,000, $300,000, $400,000
Q20. Compute the payback period of a project that requires an initial investment of $800,000 in year zero and pays back $100,000, $200,000, $300,000, $400,000 and $500,000 in years 1 through 5 A. 3 years B. 3 years C. 3 'Va years D. 4 years
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