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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: investments in the project of $54,000 in

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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows: investments in the project of $54,000 in year one and $7,000 in year two, and cash inflows as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 $6,000 $10,000 $16,000 $17,000 $20,000 $18,000 $16,000 $14,000 $13,000 Utilizing the "Payback Method", what is the payback period of the investment? Multiple Choice dens 4.6 years 0 5.0 years 4.3 years

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