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The Nata's project has initial investment costs of $500 and has cash flows of $100 for the first 4years and $85 in each of the

The Nata's project has initial investment costs of $500 and has cash flows of $100 for the first 4years and $85 in each of the project's last 4 years. What is the ordinary payback period of the project?

5.352 years

5.176 years

The project never pays back

5.773 years

5.53 years

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