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Your firm has estimated the following cash flows for a capital investment project. The firm's required rate of return is: 12%. Which of the following

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Your firm has estimated the following cash flows for a capital investment project. The firm's required rate of return is: 12%. Which of the following is closest to the payback period for the project? Cash Flow -$136,000 at time o 43,350 at year 1 33,350 at year 2 23,350 at year 3 23.350 at year 4 43,350 at year 5 0 3.5 years 4.29 years O 3.29 years o 2 years O 2.5 years Next Previous

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