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Question 27 8.57 pts An investment project requires an initial investment of $100,000. The project is expected to generate net cash inflows of $28,000 per

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Question 27 8.57 pts An investment project requires an initial investment of $100,000. The project is expected to generate net cash inflows of $28,000 per year for the next five years. These cash inflows occur evenly throughout the year. Assuming a 12% discount rate, the project's payback period is: O 1.40 years O 3.36 years 3.57 years O 0.28 years

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