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First Choice Carpets is considering purchasing new weaving equipment costing $722,000. The companys management has estimated that the equipment will generate cash inflows as follows: Year 1 $218,000 218,000 268,000 268,000 170,000 Considering the residual value is zero, calculate the payback period. (Round your answer to two decimal places) A. 3 69 years B. 3.77 years O c. 4 46 years O D. 3.07 years Click to select your answer

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eat 千 얹. 18 000 f436 oodo 2. f268000 中abg 000 - 12000 11.42.000 32000-704000 Payback peniodl e- 3 9 72000-704000 ユ68000 3.014

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