A company is planning to invest Rs. 5 lakh in a project. It has forecast that the
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A company is planning to invest Rs. 5 lakh in a project. It has forecast that the cash flows out of the project over the next 4 years would be Rs. 1.50 lakh, Rs. 2 lakh, Rs. 2.50 lakh and Rs. 3.00 lakh. What is the pay back period of the project?
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