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5. I will upvote this The initial investment is $99,569.83 for a four-year project. The cost of capital is 7%. Expected cash flows over the
5. I will upvote this
The initial investment is $99,569.83 for a four-year project. The cost of capital is 7%. Expected cash flows over the next four years are given below: Years Cash Flow ($) 1 13,000 12 61,500 3 45,600 4 17,000 What is the DPB of the project? O 3.3 years O 3.0 years 0 2.9 years 2.7 years 0 3.2 years
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