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Blanchford enterprises is considering a project that has

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Blanchford Enterprises is considering a project that has the following cash flow data. What is the project's payback? Note that a project's projected IRR can be negative in which case it will be rejected.

Cash flows:

Year 0: -$965

1:$425

2:$385

3:$345

4:$305

5:$265

Reference no: EM13575243

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