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Sad Company is adding a new product line that will require an investment of $600,000. The product line is estimated to generate cash inflows of
Sad Company is adding a new product line that will require an investment of $600,000. The product line is estimated to generate cash inflows of $250,000 the first year, $300,000 the second year, $200,000 the third year, and $175,000 for the fifth and final year. What is the payback period
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