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Submi (Ignore income taxes in this problem.) Oriental Company has gathered the following data on a proposed investment project: $575,000 Investment in depreciable equipment Annual
Submi (Ignore income taxes in this problem.) Oriental Company has gathered the following data on a proposed investment project: $575,000 Investment in depreciable equipment Annual net cash flows Life of the equipment Salvage value Discount rate $50,000 19 years $0 13.75% The company uses straight-line depreciation on all equipment. The payback period for the investment would be: 27 of 50 Next >
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