Question: Web weekly is thinking about starting a new publication. The company s CFO estimates that it will cost 8 . 2 million dollars to start

Web weekly is thinking about starting a new publication. The companys CFO estimates that it will cost 8.2 million dollars to start the publication. Starting in year 1, the new publication will increase cash flows by 1.3 million dollars per year. What is the projects payback period?

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