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The financial manager is evaluating a proposal of a new project which has the fo...
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The financial manager is evaluating a proposal of a new project which has the following cash flows:
| Year | Net cash flows |
| 0 | -R100 000 |
| 1 | R 35 000 |
| 2 | R 35 000 |
| 3 | R 25 000 |
The payback period is ...
100%
0%
0%
0%