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Business, 03.06.2021 03:50 meg7211

Suppose you wanted to establish a project to produce orange juice which will require $12,000 initial investment and an additional investment of $3,500 in the third year in the expansion year, the plant will shut down and therefore produce no output The expected cash-flows are $4278 and $3200 in the first and second years and $5,000 and $7,750 in the forth and fifth years. what is the payback period

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