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A company requires a machinery that costs RO.5,000. The machinery is expected to generate cash inflow of RO.1,500 each year for the next five periods.
A company requires a machinery that costs RO.5,000. The machinery is expected to generate cash inflow of RO.1,500 each year for the next five periods. The discount rate is 5%. Calculate the Discounted Payback period.
a.
3 Years and 1 Months
b.
3 Years and 8 Months
c.
None of the options
d.
3 Years and 2 Months
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