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An investment project has annual cash inflows of $4,700, $5,800, $6,600, and $7,900, and a discount rate of 14 percent. Required: What is the discounted
An investment project has annual cash inflows of $4,700, $5,800, $6,600, and $7,900, and a discount rate of 14 percent. Required: What is the discounted payback period for these cash flows if the initial cost is $8,000? (Do not round your intermediate calculations.)
rev: 09_18_2012
a)1.87 years
b)3.74 years
c)1.37 years
d)0.87 years
e)2.62 years
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