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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Cash Inflow Year Investment 9 1234567822 10
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Cash Inflow Year Investment 9 1234567822 10 $ 71,000 $ 6,000 $ 4,000 $ 12,000 $ 21,000 $ 22,000 $ 25,000 $ 23,000 $ 21,000 $ 19,000 $ 18,000 $ 18,000 Required: 1. Determine the payback period of the investment. 2. Would the payback period be affected if the cash inflow in the last year were several times as large
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