Discounted payback period A firm is considering a 15-year project that is expected to return NCFs of

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Discounted payback period A firm is considering a 15-year project that is expected to return NCFs of $12,000 in each of the first 7 years and then $8,000 in each of the remaining 8 years. If the NINV is $75,000, what is the discounted payback period? The firm’s WACC is 7 %.

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