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A capital budgeting project has expected cash flows for years zero through six of -100, 50, 30, 15, 15, 10, 70. The risk adjusted cost
A capital budgeting project has expected cash flows for years zero through six of -100, 50, 30, 15, 15, 10, 70. The risk adjusted cost of capital is 12%. What is the payback period for this project? 4.33 years 4.67 years 3.33 years 2.67 years
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