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Windsor Corp. is considering the purchase of a piece of equipment that costs $10000. Projected net annual cash flows over the projects life are: Year

Windsor Corp. is considering the purchase of a piece of equipment that costs $10000. Projected net annual cash flows over the projects life are: Year Net Annual Cash Flow 1 $3000 2 6000 3 5000 4 9000 The cash payback period is 1.84 years. 2.20 years. 2.60 years. 2.56 years.

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