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Proposals m and n each cost $550,000, have 6-year lives, and have expected total cash flows of $750,000. proposal m is expected to provide equal annual net cash flows of $125,000, while the net cash flows for proposal n are as follows: year 1 $250,000year 2 200,000year 3 150,000year 4 75,000year 5 50,000year 6 25,000determine the cash payback period for each proposal. round your answers to three decimal places, if necessary. proposal m yearsproposal n years
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Proposals m and n each cost $550,000, have 6-year lives, and have expected total cash flows of $750,...
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