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volcan materials is considering a new inventory system that will cost 1125000. the system is expected to generate positive cash flows over the next four

volcan materials is considering a new inventory system that will cost 1125000. the system is expected to generate positive cash flows over the next four years in the amounts of 550000 in year one. 450000 in year two. 275000 in year three, and 350000 in year four. vulcan materials required rate of return is 10%. what is the payback peroid of this project?

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