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A project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's
A project will produce cash inflows of $2,800 a year for 4 years with a final cash inflow of $5,700 in year 5. The project's initial cost is $9,500. What is the Payback period of this project if the required rate of return is 16 percent?
Question 12 options:
| 2 years |
| 4 years |
| 1 year |
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