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Q3) An investment project is planned at a cost of 80,000. Expected inflows of cash are: Year 1 30,000 Year 2 20,000 Year 3 20,000

Q3) An investment project is planned at a cost of 80,000. Expected inflows of cash are: Year 1 30,000 Year 2 20,000 Year 3 20,000 Year 4 20,000 What is the payback period?

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