An investment of 700000 is expected to generate the
Question - An investment of $700,000 is expected to generate the following cash flows:
Year 1 $200,000
Year 2 $200,000
Year 3 $100,000
Year 4 $200,000
Year 5 $100,000
What is the investment's payback period?
7 years
5 years
3 years
4 years
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