parislk8235 parislk8235
  • 08-03-2024
  • Business
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The clothing manufacturer, Twisted Pair, is considering introducing a line of pants made entirely from hemp. The project costs $4.6 million and will generate cash flows of $1 million for 5 years. What is the payback period for this project?
A) 3 years
B) 4 years
C) 5 years
D) 6 years

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