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The Short-Line Railroad is considering a dollar 115,000 investment in either of two companies. The cash flows are as follows: Compute the payback period for

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The Short-Line Railroad is considering a dollar 115,000 investment in either of two companies. The cash flows are as follows: Compute the payback period for both companies. (Round your answers to 1 decimal place.) Which of the investments is superior from the information provided? Electric Co. Water Works

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