A project had and an initial outlay of 700 with the


A project had and an initial outlay of $700 with the following Cash Flows: $420 in year 1, $195 in year 2, and $110 in year 3. Compute the payback period in years for the project if the discount rate was 12% (input number only and round to 2 decimal places like this 2.38)

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Finance Basics: A project had and an initial outlay of 700 with the
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