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Suppose a company had an initial investment of $ 4 5 , 0 0 0 . The cash flow for the next five years are
Suppose a company had an initial investment of $ The cash flow for the next five years are $
$$$ and $ respectively.
What is the payback period?
Enter your answer rounded to DECIMAL PLACES
If the firm accepts projects with payback periods years or less, will this project be accepted? Yes or No
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