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Business, 01.08.2019 00:10 amanda1717

Proposals l and k each cost $600,000, have 6-year lives, and have expected total cash flows of $720,000. proposal l is expected to provide equal annual net cash flows of $170,000, while the net cash flows for proposal k are as follows: year 1 $250,000 year 2 200,000 year 3 100,000 year 4 50,000 year 5 100,000 year 6 20,000 $720,000 determine the cash payback period for each proposal. round your answers to two decimal places. proposal l years proposal k years

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