Question: QUESTION 13 5 points The Mansford Co. Evaluates projects using payback. Suppose that a project requiring an outlay of $816 dollars is followed by the
QUESTION 13 5 points The Mansford Co. Evaluates projects using payback. Suppose that a project requiring an outlay of $816 dollars is followed by the following inflows for the next four years: Year 1 312 Year 2 459 Year 3 59 Year 4 346 What is the payback for this project? Answer to two decimal places
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