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Christopher Electronics bought new machinery for $5,045,000 million. This is expected to result in additional cash flows of $1,205,000 million over the next 7 years. What is the payback period for

Christopher Electronics bought new machinery for $5,045,000 million. This is expected to result in additional cash flows of $1,205,000 million over the next 7 years. What is the payback period for this project? Their acceptance period is five years.

Jun 20 2021 View more View Less

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