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Beyer Company is considering buying an asset for $320,000. It is expected...

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Accounting

Beyer Company is considering buying an asset for $320,000. It is expected to produce the following net cash flows.
Compute the payback perlod for this investment.
Note: Cumulatlve net cash outflows must be entered with a minus sign. Round your Payback Perlod answer to 2 decimal places.
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