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QUESTION 5 Xcel Energy invested $65000000 in the project. Use the hypothetical information...

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Accounting

QUESTION 5
Xcel Energy invested $65000000 in the project. Use the hypothetical information provide below to assist the consultant calculate the payback period for the project. (Calculate in years and months.)
Initial investment $65000000
Life span of the project 5 years
Cash flows in dollars:
Year 120000000
Year 2,25000000
Year 3,30000000
Year 4,25000000
Year 5,35000000
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