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This Question: 3 pts14 of 49 (6 complete)his Test: 150 pts po. Dragonfly, Inc. is evaluating two possible investments in depreciable plant assets. The company

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This Question: 3 pts14 of 49 (6 complete)his Test: 150 pts po. Dragonfly, Inc. is evaluating two possible investments in depreciable plant assets. The company uses the straight-line method of depreciation. The following information is available: $153,000 10 years $24,000 $47,000 14% $102,000 10 years Initial capital investment Estimated useful life Estimated residual value Estimated annual net cash inflow for 10 years Required rate of retunn $21,000 12% Calculate the payback period for Investment A (Round your answer to two decimal places,) O A. 4.86 years OB. 1.00 year C. 3.71 years O D. 2.70 years

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