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Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one
Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place.
Payback for A:______ years Payback for B:______ years Payback for C:______ years Based on the payback periods, investment A, or investment B, or investment C should be chosen. |
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