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Use the following information to answer the question below. The cost of capital of the company is 12% per annum. Year Cash Flow Project B

Use the following information to answer the question below. The cost of capital of the company is 12% per annum.

Year

Cash Flow

Project B (RM)

0

(100,000)

1

30,000

2

30,000

3

40,000

4

40,000

Calculate the Payback Period.

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