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Tyson Foods Inc A has a project with initial investment requiring $-145,000 and the following cash flows will be generated for the following 5 years
Tyson Foods Inc A has a project with initial investment requiring $-145,000 and the following cash flows will be generated for the following 5 years at the end of each year because of the project: $36,250; $68,000; $176,000; $62,000; and $86,000 respectively. If the required rate of return is 0.19, find the payback period (PB) of the project.
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