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Murphy's Manufacturing Has Provided the Following Information on a Proposed

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Murphy's Manufacturing has provided the following information on a proposed project: Murphy's Manufacturing has provided the following information on a proposed project:   Required:  a.What is the payback period for the investment? b.What is the simple rate of return on the investment? Required:
a.What is the payback period for the investment?
b.What is the simple rate of return on the investment?


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