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Question 16: McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3
Question 16:
McGlothin Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year | 0 | 1 | 2 | 3 |
Cash flows | $1,150 | $500 | $500 | $500 |
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