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Oriental Corporation has gathered the following data on a proposed investment project: The company uses...

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Accounting

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Oriental Corporation has gathered the following data on a proposed investment project: The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the inltial investment. The payback period for the investment would be: Multiple Choice 2.41 years 0.25 years 10 years 4 years

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