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Question 6 If an asset costs O.R210,000 and is expected to have a O.R30,000 salvage value at the end of its ten-year life, and generates

Question 6

If an asset costs O.R210,000 and is expected to have a O.R30,000 salvage value at the end of its ten-year life, and generates annual net cash inflows of O.R30,000 each year, what would be the cash payback period?

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