Find the payback period, Quebec, Corporation, is buying

Find the payback period

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Reference no: EM1346373

Quebec, Inc., is purchasing machinery at a cost of $3,768,966. The company expects, as a result, cash flows of $979,225, $1,158,886, and $1,881,497 over the next three years. What is the payback period?

Reference no: EM1346373

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