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Q7 What is the Payback Period for a project that has an initial outlay of $1345 and annual net cash flows of $345 (to 3
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What is the Payback Period for a project that has an initial outlay of $1345 and annual net cash flows of $345 (to 3 decimal places)? Select one: O a. 3.899 years O b. 4.215 years c. 3.990 years d. 3.900 years OStep by Step Solution
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