Question: Project M is considering a project that has the following cash flow data. What is the project's Payback Period? YEAR CASHFLOW 0 -$1,000,000 1 $400,000

 Project M is considering a project that has the following cash

Project M is considering a project that has the following cash flow data. What is the project's Payback Period? YEAR CASHFLOW 0 -$1,000,000 1 $400,000 2 $500,000 3 $300,000 4 $800,000

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