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Determine the payback period

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Question - A project your company is contemplating is expected to generate the following cash flows over the next 4 years. From the table below, Determine the payback period.

Year and Cash Flows ($)

Year 0 = -200,000

YEAR 1 = 50,000

YEAR 2 = 120,000

Year 3 = 60,000

YEAR 4 = 100,000

Reference no: EM132871886

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