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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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