Question: Green Co is considering a project that requires an initial investment of $50,000 with the following cash flows. Year 1: $28,000 Year 2: $26,000 Year
Green Co is considering a project that requires an initial investment of $50,000 with the following cash flows. Year 1: $28,000 Year 2: $26,000 Year 3: $20,000 Year 4: $10,000 Year 5: $ 5,000 What is the project's payback period?
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