What will be the payback period for the project

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Problem

An investor is considering a new project. This project requires an initial cash investment of $200,000. The project will generate cash inflows of $20,000 in the first year. Then, the project will do nothing for two years. Get the instant assignment help. After that, the project will generate cash inflows of $70,000 for the next 5 years. What will be the payback period for this project?

Reference no: EM133925835

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