Question: A company is considering a project that would require a $4,500,000 intial cash outflow at the beginning. The project is expected to generate cash inflows

A company is considering a project that would require a $4,500,000

A company is considering a project that would require a $4,500,000 intial cash outflow at the beginning. The project is expected to generate cash inflows in the amount of $1,250,000 at the end of each year of the project. The company requires a 12.75% return on investment. How many years is the payback period for this project? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50

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