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Question 19 (3 points) An investment project for Inneetandlsi requires a net investment of $100,000. The project is expected to generate annual net cash inflows

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Question 19 (3 points) An investment project for Inneetandlsi requires a net investment of $100,000. The project is expected to generate annual net cash inflows of $28,000 for the next 5 years. The firm's cost of capital is 12 percent. Determine the payback period for the project. 0.28 years 1.4 years 3.57 years 17.86 years

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