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The initial investment for a capital project is $450,000. The annual cash flows expected from this project are: $180,000 in year 1, $190,000 in year

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The initial investment for a capital project is $450,000. The annual cash flows expected from this project are: $180,000 in year 1, $190,000 in year 2, $100,000 in year 3, $100,000 in year 4, and $66,000 in year 5. The payback period for this project is: 12:28 PM

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