Wildhorse Inc. is contemplating a capital investment of $88000. The cash flows over theproject's four...
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Accounting
Wildhorse Inc. is contemplating a capital investment of $88000. The cash flows over theproject's four years are:
Expected Annual Expected Annual
YearCash InflowsCash Outflows
1$32000$14000
25900025000
38000030000
45600040000
The cash payback period is
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