Question: Jasmine Manufacturing is considering a project that will require an initial investment of $51,100 and is expected to generate future cash flows of $10,400 for

Jasmine Manufacturing is considering a project that will require an initial investment of $51,100 and is expected to generate future cash flows of $10,400 for years 1 through 3,$7,700 for years 4 and 5 , and $1,500 for years 6 through 10 . What is the payback period for this project? years

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