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Raas Hardware is adding a new product line that will require an investment of S1,512,000 Managers estimate that this investment will have a 10-year life
Raas Hardware is adding a new product line that will require an investment of S1,512,000 Managers estimate that this investment will have a 10-year life and generate net cash inflows of $330.000 the first year, $290.000 the second year, and $230,000 each year thereafter for eight years Compute the payback period Round to one decimal place The payback in years is
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