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Question 7 (1 point) A firm decides to take on an investment that will product the following cash flows over 5 years: $15,000, $5,000, $4,000,

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Question 7 (1 point) A firm decides to take on an investment that will product the following cash flows over 5 years: $15,000, $5,000, $4,000, $15,000, and $10,000, respectively. The investment requires a $35,000 upfront investment. What is the payback period? 4 years 5 years 3.73 years 4.73 years 4.50 years None of the above

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