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The payback period for a project, requiring an initial outlay of $10.000 and producing ten uniform annual cash inflows of $1.500, is a. seven years
The payback period for a project, requiring an initial outlay of $10.000 and producing ten uniform annual cash inflows of $1.500, is
a. seven years
b. six years and eight months
c. six years and six months
d. six years
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