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QUESTION 20 6 p Calculate the payback period, if the cost to renovate a restaurant is $30,000 and the project will generate annual incremental cash

QUESTION 20 6 p Calculate the payback period, if the cost to renovate a restaurant is $30,000 and the project will generate annual incremental cash flows of $15,000 2 years 0.5 years 1 year 3 years

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