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Question 15 An asset costs $100,000 and is expected to have a 10 year life. Annual net cash inflows will be $20,000 per year. What

Question 15 An asset costs $100,000 and is expected to have a 10 year life. Annual net cash inflows will be $20,000 per year. What is the payback period? 4 years 5 years 6 years 2 pts 10 years
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An asset costs $100,000 and is expected to have a 10 year life. Annual net cash inflows will be $20,000 per year. What is the payback period? 4 years 5 years 6 years 10 years

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