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  1. business
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  3. consider a project with the following cash flows:

Consider a project with the following cash flows: loc Year Cash Flow -12,000 1 5,000...

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Finance

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Consider a project with the following cash flows: loc Year Cash Flow -12,000 1 5,000 2 4,000 3 4,000 4 5,000 Assume the appropriate discount rate for this project is 13%. The Payback Period for this project is closest to A) 1.90 years B) 2.60 years C) 2.40 years D) 2.75 years E) 3.10 years

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