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Question 16 (1 point) Christopher Electronics bought new machinery for $5,075.000 million. This is expected to result in additional cash flows of $1,225,000 million over

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Question 16 (1 point) Christopher Electronics bought new machinery for $5,075.000 million. This is expected to result in additional cash flows of $1,225,000 million over the next 7 years. What is the payback period for this project? Their acceptance period is five years Round to two decimal places. Your

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