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Business, 21.12.2019 03:31 aliami0306oyaj0n

The management of lanzilotta corporation is considering a project that would require an investment of $275,000 and would last for 6 years. the annual net operating income from the project would be $113,000, which includes depreciation of $18,000. the scrap value of the project's assets at the end of the project would be $17,500. the cash inflows occur evenly throughout the year. the payback period of the project is closest to (ignore income taxes.):

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