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q9 Daniel is planning to open his new ice cream shop. the initial cost of opening the shop is $45,000. the shop will provide the

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Daniel is planning to open his new ice cream shop. the initial cost of opening the shop is $45,000. the shop will provide the following cash flow during the next five years respectively: 22,000, 18,000 10,000, 7,500,5,000. what is the payback period of the ice cream shop? 1.5 3.4 2.8 2.5

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