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you are considering a project with an initial cost of $6,400. What is the payback period for this project if the cash inflows are $900,
you are considering a project with an initial cost of $6,400. What is the payback period for this project if the cash inflows are $900, $1,350, $2,800,$1,350, and $500 a year over the next five years, respectively?
a. 2 years
b 3 years
c 4 years
d 4.5 years
e 5 years
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