Question: If cash flows are not equal each year, the payback period: Multiple Choice o cannot be calculated o O is calculated by dividing the initial
If cash flows are not equal each year, the payback period: Multiple Choice o cannot be calculated o O is calculated by dividing the initial investment by the average cash flows. O is calculated by subtracting each year's cash flows from the initial investment until zero is reached. is calculated by dividing the total years in the project by two
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