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Northern Specialties just purchased inventory-management computer software at a cost of $1,518,950. Cost savings from the investment over the next six years will produce the following cash flow stream: $181,340, $326,240, $332,600, $587,250, $802,320, and $687,740. What is the payback period on this investment?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92073714

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