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Business, 03.06.2021 23:50 randee56

If an asset costs $132000 and is expected to have a $22000 salvage value at the end of its 10-year life, and generates annual net cash inflows of $22000 each year, the cash payback period is:. a. 5 years.
b. 6 years.
c. 7 years.
d. 4 years.

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