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Seremban Manufacturing Corporation is considering a new project BB which requires an equipment investment of $30,000. The project will last for 6 years and produce
Seremban Manufacturing Corporation is considering a new project BB which requires an equipment investment of $30,000. The project will last for 6 years and produce the following cash inflows.
Year BB
1 $ 9,500
2 9,500
3 9,500
4 8,000
5 8,000
6 8,000
Required : Compute the Cash Payback period of the project.
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