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Business, 26.03.2020 20:04 janiyaf8941

Redwood Corporation is considering two alternative investment proposals with the following data: Proposal X Proposal Y Investment $830,000 $510,000 Useful life 8 years 8 years Estimated annual net cash inflows for 8 years $135,000 $83,000 Residual value $50,000 $minus Depreciation method Straightminusline Straightminusline Required rate of return 16% 9% How long is the payback period for Proposal X?

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