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The Initial Outlay or Cost Is $1,000,000 for a Four-Year

question 51

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The initial outlay or cost is $1,000,000 for a four-year project.The respective future cash inflows for years 1,2,3 and 4 are: $500,000,$300,000,$300,000 and $300,000.What is the payback period without discounting cash flows?


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Full-Thickness Wound

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