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The initial cost of a project is $18 million. If a project returns $3 million at vear 1 and that cash flow increases by $2

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The initial cost of a project is $18 million. If a project returns $3 million at vear 1 and that cash flow increases by $2 million each year afterwards, what is the payback period? 2.66 years 4.25 years 5.77 vears 333 years

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