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Resnick Inc is considering a project that has the following cash flow data. What is the projects payback? Year 0 1 2 3 Cash Flow
Resnick Inc is considering a project that has the following cash flow data. What is the projects payback? Year 0 1 2 3 Cash Flow -$450 $200 $200 $200 a) 2.39 years b) 1.94 years c) 1.71 years d) 2.25 years e) 2.66 years
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