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Question 10 Not yet answered Marked out of 1.00 P Flag question An investment project costs $20,000 and will generate $5,000 in annual cash flows

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Question 10 Not yet answered Marked out of 1.00 P Flag question An investment project costs $20,000 and will generate $5,000 in annual cash flows for three years followed by $3,000 in annual cash flows for six years. What is the payback period? Select one: o a. 4.67 years ob. 4.50 years O c. 4.25 years O d. None of the above e. 5.33 years Finish attempt... Assignment 2 - data Jump to... Chapter 6 Lecture Slides

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