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Suzanne's Cleaners is considering a project that has the following cash flow data. Assume the cost of capital is 9.8%. What is the project's payback?
Suzanne's Cleaners is considering a project that has the following cash flow data. Assume the cost of capital is 9.8%. What is the project's payback?
-$639 (Year 0) ; $288 (Year 1) ; $428 (Year 2) ; $709 (Year 3)
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