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An investment project costs $13,500 and will generate $3,400 in annual cash flows for six years. What is the discounted payback period if the discount
An investment project costs $13,500 and will generate $3,400 in annual cash flows for six years. What is the discounted payback period if the discount rate is 7 percent?
Select one:
a.
4.1 years
b.
4.8 years
c.
None of the above
d.
3.4 years
e.
3.7 years
Clear my choice
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