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Compute the Payback Period for a Project with the Following

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Compute the payback period for a project with the following cash flows,if the company's discount rate is 12%.
Initial outlay = $450
Cash flows: Compute the payback period for a project with the following cash flows,if the company's discount rate is 12%. Initial outlay = $450 Cash flows:   A) 3.43 years B) 3.17 years C) 2.88 years D) 2.6 years


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