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Susmel Inc. is considering a project that has the following cash flow data. What is the projects regular payback period? Year 0 1 2 3

Susmel Inc. is considering a project that has the following cash flow data. What is the projects regular payback period?

Year

0

1

2

3

Cash flows

-$475

$150

$200

$300

2.42 years
2.78 years
2.63 years
2.85 years

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