Question: Maggiore Constructions recovers its project investment by straight-line methods so that the $10 million is recovered by the end of each project. Assuming profits are

Maggiore Constructions recovers its project investment by straight-line methods so that the $10 million is recovered by the end of each project. Assuming profits are also booked in a straight-line fashion, what is the PP (Payback Period) for each contract?

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