Question: help! Jasmine manufacturing is considering a project that will require an initial investment of $50,400 and is expected to generate future cash flows of $9800
help!
Jasmine manufacturing is considering a project that will require an initial investment of $50,400 and is expected to generate future cash flows of $9800 for years one through three, $8200 for years four and five, and $2300 for year six through 10. What is the payback period for this project?
_____ years
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