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A firm is evaluating a proposal which has an initial investment of $35,000 and has cash flows of $10,000 in year 1, $20,000 in year 2, and $10,000 in year 3. The payback period of the project is ________.
Biological Clock
An innate mechanism that controls the physiological activities of an organism, such as sleep cycles, puberty, and aging.
Hypothalamus
A small but crucial part of the brain located below the thalamus, responsible for regulating many bodily functions including hunger, thirst, sleep, and emotions.
SAD
Seasonal Affective Disorder, a type of depression that occurs at a certain time of the year, usually in winter.
Depression
A common and serious medical illness that negatively affects how you feel, the way you think, and how you act, causing feelings of sadness or a loss of interest in activities once enjoyed.
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