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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: Required: Determine the payback period of the
The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:
Required:
Determine the payback period of the investment.
Would the payback period be affected if the cash inflow in the last year were several times as large?
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Determine the payback period of the investment.
Note: Round your answer to decimal place.
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