Question: QUESTION 10 Rox Company, Inc. is considering purchasing a new packaging machine with a useful life of 6 years. The initial outlay for the machine

 QUESTION 10 Rox Company, Inc. is considering purchasing a new packaging

QUESTION 10 Rox Company, Inc. is considering purchasing a new packaging machine with a useful life of 6 years. The initial outlay for the machine is $200,000. The required rate of return for Rox Company, Inc., is 12.0%. The expected cash flows are as follows: Year Expected Cash Flow $20,000 $40,000 $70,000 $70,000 $60,000 $40,000 Calculate the regular Payback period of the investment (rounded to the first decimal) O A. 4.0 O B. 3.4 O C.3.1 D. 4.5 O E. 3.7 0

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