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Business, 19.12.2019 21:31 robert7248

The management of unter corporation, an architectural design firm, is considering an investment with the following cash flows: year investment cash inflow 1 $61,000 $3,000 2 $5,000 $6,000 3 $12,000 4 $13,000 5 $16,000 6 $10,000 7 $8,000 8 $10,000 9 $9,000 10 $9,000 required: 1. determine the payback period of the investment. (round your answer to 1 decimal place.) 2. would the payback period be affected if the cash inflow in the last year were several times as large? yes no

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