Payback Period: Payback period can be defined as a type of capital budgeting technique which describes the number of year or length of time essential for proposals cumulative cash inflow to be equivalent to its cash outflow . The payback period for the investment.

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Chapter 11, Problem 1E

To determine

Payback Period:

Payback period can be defined as a type of capital budgeting technique which describes the number of year or length of time essential for proposals cumulative cash inflow to be equivalent to its cash outflow.

The payback period for the investment.

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