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An investment project provides cash inflows of $800 per year for 11 years. ...

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Finance

An investment project provides cash inflows of $800 per year for 11 years.

a. What is the project payback period if the initial cost is $2,400?

b. What is the project payback period if the initial cost is $5,280?

c. What is the project payback period if the initial cost is $9,600?

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