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The LMN Corporation is considering an investment that will cost $80,000 and havea useful life of 4 years. During the first 2 years, the net

The LMN Corporation is considering an investment that will cost $80,000 and havea useful life of 4 years. During the first 2 years, the net incremental after-tax cash flows are$25,000 per year and for the last two years they are $20,000 per year. What is the payback periodfor this investment

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