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The pay back period of an investment that achieves the following cash flow in a row (0,1000,2000,4000) and its initial outlay equals $5000 is: -

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The pay back period of an investment that achieves the following cash flow in a row (0,1000,2000,4000) and its initial outlay equals $5000 is: - Select one: a. 2 years and 6 months b. 2 years and 5 months C. 3 years and 6 months d. 3 years and 5 months

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