Question: Pantheon Company is purchasing a new equipment that will require an investment of $204,000. The equipment is estimated to generate cash inflows of $32,000

Pantheon Company is purchasing a new equipment that will require an investment of $204,000. The equipment is estimated to generate cash inflows of $32,000 the first year, $25,000 the second year, and $21,000 each year thereafter for ten more years. What is the payback period? A. 7.78 years B. 9 years C. 9.84 years D. 9.37 years ...

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