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What is the payback period (in years) for the following project: annual cash inflows of $75,000 at the end of each of the first four

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What is the payback period (in years) for the following project: annual cash inflows of $75,000 at the end of each of the first four years, and $50,000 at the end of each of the last four years, initial cost of $375,000, and a life of eight years. ) 5.00 B 5.25 C 5.50 D 5.75

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