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HYPE Enterprises is considering investing in a new machine at cost 60,000. the respective cash...

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Accounting

HYPE Enterprises is considering investing in a new machine at cost 60,000. the respective cash flows are follows:
Y1 8,000
Y2 16,000
Y3 40,000
Y5 45,000
Y6 35,000
the payback period for the project is
3.1
3.5
3.0
2.9

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