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Samsung invested 521.766 in the current year to expand its manufacturing capacity. Assume that these assets have an 8 -yetar life and genernte net cash
Samsung invested 521.766 in the current year to expand its manufacturing capacity. Assume that these assets have an 8 -yetar life and genernte net cash flows of 54.000 per year, and that Samsung recuires a 79 return on its investments. (Samsung $5 in millions.) Required: Compute brenk even time. (Round "Break even time" answer to 1 decimal place.)
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