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Question 14 0 out of 0.6 points Grayson Corp. is considering the purchase of a piece of equipment that costs $29,242. Projected net annual cash

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Question 14 0 out of 0.6 points Grayson Corp. is considering the purchase of a piece of equipment that costs $29,242. Projected net annual cash flows over the project's life are: Year Net Annual Cash Flow S 5,529 7,639 17.102 19,721 The cash payback period is. Round your answer by two decimals

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