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3Prob. 9 The project involves a total initial expenditure of Rs. 5,00,000 and it is estimated to generate further cash inflowof Rs. 1,50,000, Rs. 1,75,000, Rs. 1,35,000, Rs. 1,20,000, Rs. 1,20,000, Rs. 1,30,000 in its 6 Year life . Calculate PayBack Period.​

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