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An investment project has annual cash inflows of $4,000, $4,900, $6,100, and $5,300, for the next four years, respectively. The discount rate is 13 percent.
An investment project has annual cash inflows of $4,000, $4,900, $6,100, and $5,300, for the next four years, respectively. The discount rate is 13 percent. |
a. | What is the discounted payback period for these cash flows if the initial cost is $6,700? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
b. | What is the discounted payback period for these cash flows if the initial cost is $8,800? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
c. | What is the discounted payback period for these cash flows if the initial cost is $11,800? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
a.Discounted payback period:__?__ years
b.Discounted payback period:__?__ years
c.Discounted payback period:__?__years
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