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Today, Gold Inc. is investing $100,000 in some new candy-making equipment. The company expects the cash flows to increase by $40,000 a year for the

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Today, Gold Inc. is investing $100,000 in some new candy-making equipment. The company expects the cash flows to increase by $40,000 a year for the next three years and $60,000 a year for the following five years as a result of this investment. How long must the firm wait until it recovers all of its initial investment? O 2.50 years O 4.39 years 1.81 years 3.12 years

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