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QUESTION 21 Using the following project cashflows, determine the payback period. ICO: $27,000 year NOCFt 1 $9,000 2 $10,000 3 $9,000 4 $8,000 2.98 years

QUESTION 21

  1. Using the following project cashflows, determine the payback period. ICO: $27,000 year NOCFt 1 $9,000 2 $10,000 3 $9,000 4 $8,000

    2.98 years

    3.02 years

    3.11 years

    2.89 years

    none of these

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