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Question
Garner Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year 0 1 2 3
Cash flows -$350 $200 $200 $200
a. 1.42 years
b. 1.58 years
c. 1.75 years
d. 1.93 years
e. 2.12 years
Answer
This answer is hidden. It contains 1 characters.
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