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Vulcan Materials Company is considering an investment that will have an initial outflow or cost of $8,000 but is expected to produce net cash inflows
Vulcan Materials Company is considering an investment that will have an initial outflow or cost of $8,000 but is expected to produce net cash inflows of $1,400,$2,300,$3,900, and $2,000 over the next four years, respectively. Determine Vulcan's payback period. 3.9 years 2.8 years 3.6 years 3.2 years
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