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Business, 14.04.2020 16:04 anme3c9

Matthew Corporation is adding a new product line that will require an investment of $ 135 comma 000. The product line is estimated to generate cash inflows of $ 25 comma 000 the first year, $ 20 comma 000 the second year, and $ 15 comma 000 each year thereafter for ten more years. What is the payback period?

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Matthew Corporation is adding a new product line that will require an investment of $ 135 comma 000....
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