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    Question

    An investment of ₹10 lakh yields ₹4L, ₹3L, ₹2L,

    ₹1L over four years. What is the payback period?
    A 2 years Correct Answer Incorrect Answer
    B 3 years Correct Answer Incorrect Answer
    C 2.5 years Correct Answer Incorrect Answer
    D 4 years Correct Answer Incorrect Answer

    Solution

    Cumulative inflows: 

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