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An investment project costs $18,700 and has annual cash flows of $4,000 for six years. Required : (a) What is the discounted payback period if
An investment project costs $18,700 and has annual cash flows of $4,000 for six years. Required : (a) What is the discounted payback period if the discount rate is zero percent? (b) What is the discounted payback period if the discount rate is 6 percent? (c) What is the discounted payback period if the discount rate is 22 percent?
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