Question: Frameworthy Coporation is adding a new product line that will require an irvestment of $216.000. The product line is eatimated to generate cash infows of
Frameworthy Coporation is adding a new product line that will require an irvestment of $216.000. The product line is eatimated to generate cash infows of $32.000 ine first yez, \$18.000 the second year, and \$21,000 each year thereafter for ten more years. What is the payback perlod? A. 11.17 yeart 8. 10 years C. 8.56 years D. 10.42 years
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