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QUESTION 6 (gnore income taxes in this problem.) Blue Sky Company has gathered the following data on a proposed investment project: Investment required in equipment....

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QUESTION 6 (gnore income taxes in this problem.) Blue Sky Company has gathered the following data on a proposed investment project: Investment required in equipment.... Annual cash infloWs Salvage vale Life of the investment.ss Required rate of return $240,000 $50,000 $0 8 years 10% The payback period for the investment is closest to: O 1.0.2 years O 2.25 years o 3.4.8 years 0 4.5.0 years

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