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Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash flow

Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash flow of $13,000,000 $23,000,000 and $29,000,000 over the next three years. The cost of capital is 20%. What is the payback period for this project?

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