You have been asked to consider the following set of cash flows (in millions (m))...
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Accounting
You have been asked to consider the following set of cash flows (in millions (m)) from a capital budgeting project. Please find the payback period for the series of cash flows. CF0 = - 10m CF1 = 1m CF2 = 2m CF3 = 3m CF4 = 3m CF5 = 3m CF6 = 2m 4 years 3.3333 years 3.6667 years 4.3333 years
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