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What is the payback period for the above project? Consider a capital project with the following cash flows: Year 1 Cash Flow 0 -$24,000 $7,000

What is the payback period for the above project?

Consider a capital project with the following cash flows: Year 1 Cash Flow 0 -$24,000 $7,000 2 $10,000 3 (This info is for the 4 $11,000 $7,800

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