Business
Business, 15.07.2021 22:50, Gheaton1889

The management of XYZ Corporation is considering a project that would require an investment of $378,000 and would last for 10 years. The annual net operating income from the project would be $79,000, which includes depreciation of $37,000. The scrap value of the project's assets at the end of the project would be $18,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to:

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